Chairman of Vizag Start-up Summit Madhav Reddy said so far 12 start-ups were offered funding of ?50 lakh. Participants at the inaugural of the Vizag Start-up Summit 2.0, in Visakhapatnam on Monday. Stating that Google was engaged in 15 cities, Lead-Developer Relations- Google India, Karthik Padmanabhan underlined the importance of thinking local and acting local. Addressing the inaugural of the eight-day Vizag Startup Summit 2.0 on Monday, he said taking up complex problems and finding solutions was going to the way ahead. Picking the right problem, innovation, entrepreneurship, risk-taking and staying focussed were the pre-requisites for the success of start-ups, he said.
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