Last Updated on April 14, 2026 3:19 pm by INDIAN AWAAZ
AMN BIZ DESK
The government has notified the Startup India Fund of Funds 2.0 with a corpus of ten thousand crore rupees to boost capital flow into the country’s startup ecosystem. The Ministry of Commerce and Industry said that investments under the scheme will focus on Alternative Investment Funds supporting priority segments, including deep tech startups and early growth stage.
It added that the operational guidelines and the composition of the Venture Capital Investment Committee will be issued by the Department for Promotion of Industry and Internal Trade. The Ministry informed that the Small Industries Development Bank of India (SIDBI) will commence operationalization of the scheme as the Implementation Agency with effect from the date of notification.
The Scheme is expected to play a critical role in advancing country’s innovation-led growth agenda and will contribute to strengthening its economic resilience, boosting manufacturing capabilities, generating high-quality jobs, and positioning India as a global innovation hub.