The Government of India has approved Startup India Fund of Funds 2.0 (FoF 2.0) with a ₹10,000 crore corpus to mobilise venture capital and support the country’s growing startup ecosystem. Building on the success of FFS 1.0 (2016), this Fund aims to strengthen India’s domestic VC market and provide long-term capital for innovation-led enterprises.
Key Focus Areas:
- Deep tech and tech-driven manufacturing startups needing long-term investment
- Early-growth startups, providing financial support during critical scaling phases
- Startups beyond major metros, spreading innovation across the country
- High-risk sectors crucial for self-reliance and economic growth
- Smaller VC funds, strengthening domestic venture capital
The FoF 2.0 channels capital via Alternative Investment Funds (AIFs), which invest in startups across sectors, helping attract long-term domestic capital and private investment. Aligned with Viksit Bharat @ 2047, the Fund is expected to boost innovation, create quality jobs, support research-intensive ventures, and enhance India’s global innovation standing.
🔗 Source: Press Information Bureau