MCL to invest Rs 4.65 crore to support 30 startups in Odisha

Mahanadi Coalfields Limited (MCL) has signed a Memorandum of Understanding (MoU) with Foundation for Technology Business Incubator (FTBI) located at National Institute of Technology (NIT), Rourkela, for supporting startups in Odisha, an official statement said. As per the provision of the agreement, MCL will invest Rs 4.65 crore to promote startups in the next three years.