Centre clears Rs 10K crore Startup India Fund of Funds 2.0 to boost deep tech, innovation-led growth
NEW DELHI: The Union Cabinet has approved the establishment of the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore. The Startup India FoF 2.0 builds on nearly a decade of sustained efforts to make India one of the world’s leading startup nations.
The scheme is designed to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital ecosystem, and supporting innovation-led entrepreneurship across the country, the Ministry of Commerce & Industry said in a statement.
