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BANGALORE: Startup fever is on the rise in India and Modi government is supporting the growth in every possible way. By 2020, the nation would a hub 11,500 startups as per industry trackers. The startup space is also expected to see an investment of a whopping 15,600 Cr or $ 2.25 bn, reports ET. 

"India needs several folds increase in mechanism such as incubation & acceleration that can assimilate entrepreneurs to make them globally successful,”said Executive Director, Indian Steps & Business Incubators Association, Raghunandan Rajamani.