🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Cabinet approves Startup India Fund of Funds 2.0 with Rs 10,000 Cr corpus

Entrackr

Entrackr · 24d ago

Cabinet approves Startup India Fund of Funds 2.0 with Rs 10,000 Cr corpus

The Union Cabinet has approved the creation of Startup India Fund of Funds 2.0 (FOF 2.0) with a corpus of Rs 10,000 crore to support startups through venture capital funds. The new fund will build on the earlier Fund of Funds for Startups (FFS) launched in 2016. Under the first fund, Rs 10,000 crore was committed to 145 alternative investment funds, which together invested over Rs 25,000 crore in more than 1,300 startups across sectors. FOF 2.0 will continue to invest in SEBI-registered alternative investment funds, which will in turn deploy capital into startups. The initiative aims to address funding gaps, especially in early-growth and technology-driven sectors. The new fund will focus on areas such as deep tech, manufacturing, and innovation-led businesses. It also aims to strengthen the domestic venture capital ecosystem and expand capital access beyond major metro cities. As per the report, India currently has over 2 lakh recognised startups, compared to fewer than 500 in 2016 when the Startup India initiative was launched.

Related News

Cabinet approves Rs 10,000 crore Startup India Fund of Funds 2.0 to boost deeptech, manufacturing startups

IndianStartupNews

IndianStartupNews · 24d ago

Cabinet approves Rs 10,000 crore Startup India Fund of Funds 2.0 to boost deeptech, manufacturing startups

The Indian government has approved the establishment of the Startup India Fund of Funds 2.0, with a corpus of Rs 10,000 crore, aimed at mobilizing venture capital for deeptech and manufacturing startups. Building on the initial fund launched in 2016, this fund will target high-risk areas requiring long-term investment, support early-growth stage founders, and focus on expanding capital access beyond metro cities, intending to bolster India’s innovation-driven economic growth and enhance its global competitiveness.

Karnataka Cabinet approves Rs 75 crore seed fund for startups, Rs 79 crore for semiconductor lab

Economic Times

Economic Times · 1y ago

Karnataka Cabinet approves Rs 75 crore seed fund for startups, Rs 79 crore for semiconductor lab

The Karnataka state cabinet approved a Rs 75 crore seed fund to promote startups beyond Bengaluru, addressing the concentration of innovation in the city. The "Beyond Bengaluru Cluster Seed Fund" amalgamates existing regional seed funds and aims to support 10,000 startups by 2030. Alongside, a Rs 79 crore Semiconductor Maturity Accelerator Lab 2.0 was approved to attract semiconductor investments, aligning the ecosystem with electronic system development and integration. Both initiatives aim to diversify and boost innovation statewide.

Govt approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpus - The Economic Times

Economic Times

Economic Times · 25d ago

Govt approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpus - The Economic Times

The Indian government has approved a second tranche of Rs 10,000 crore for the Startup India Fund of Funds Scheme, aiming to bolster early-stage startups and deep-tech research. Announced by Prime Minister Narendra Modi, this initiative is part of broader efforts to empower various societal sectors. Operationalized by the Small Industries Development Bank of India (SIDBI), the scheme supports startup investments through SEBI-registered AIFs, promoting venture capital and startup development in India.

Second fund of funds’ first instalment, Startup India Desk in works: Piyush Goyal

Economic Times

Economic Times · 11m ago

Second fund of funds’ first instalment, Startup India Desk in works: Piyush Goyal

Commerce and industry minister Piyush Goyal announced that the second fund of funds for startups with a Rs 10,000 crore corpus has been approved, with Rs 2,000 crore to be disbursed this year. A key initiative includes creating a Startup India Desk for support. The fund aims to develop domestic tech solutions and support startups in AI, semiconductors, and deep-tech. The initiative seeks to provide early-stage financial backing for entrepreneurs and boost innovation leadership.

IIM Bangalore incubator floats accelerator fund for deep-tech startups

VCCircle

VCCircle · 2y ago

IIM Bangalore incubator floats accelerator fund for deep-tech startups

The Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup incubator of IIM Bangalore, has partnered with Small Industries Development Bank of India (SIDBI) to launch a deeptech-focused pre-seed startup accelerator fund. The corpus of the fund has not been disclosed. NSRCEL aims to support and invest in deeptech and emerging ventures, expanding its role beyond just supporting startups. SIDBI manages a Rs 10,000 crore fund-of-funds for startups and has previously backed VC firms like Blume Ventures and Chiratae Ventures.

Piyush Goyal announces national helpline desk for startups

Economic Times

Economic Times · 11m ago

Piyush Goyal announces national helpline desk for startups

Commerce and Industry Minister Piyush Goyal launched a dedicated Startup India Desk, a national helpline aimed at supporting entrepreneurs in addressing regulatory challenges and government-related issues. Announced at Startup Mahakumbh in Delhi, this initiative offers startups a platform to report concerns, suggest policy improvements, and navigate regulations. Concurrently, the government approved the second Fund of Funds for Startups with a Rs 10,000 crore corpus, focusing on early-stage funding, particularly in deep-tech sectors.

Cabinet Approves INR 1,000 Cr VC Fund For Space Sector

Inc42 · 1y ago

Cabinet Approves INR 1,000 Cr VC Fund For Space Sector

The Union Cabinet has approved a venture capital fund of INR 1,000 Cr under IN-SPACe, as announced by Finance Minister Nirmala Sitharaman. The funds will be deployed from FY26 to FY30, with average investments ranging from INR 10 Cr to INR 60 Cr. Factors such as the company's stage, growth trajectory, and potential impact on the national space sector will determine the exact investment amounts.

Cabinet approves “PM-eBus Sewa”scheme to deploy 10,000 electric buses across cities

IndianStartupNews

IndianStartupNews · 2y ago

Cabinet approves “PM-eBus Sewa”scheme to deploy 10,000 electric buses across cities

The Union Cabinet has approved the "PM-eBus Sewa" scheme, aiming to add 10,000 electric buses to city transportation through a public-private partnership. With an estimated cost of Rs. 57,613 crore, the scheme receives Rs. 20,000 crore central government support, operating for a decade. Prioritizing cities with populations over 3 lakh, it creates jobs and promotes green mobility, encompassing e-buses and related infrastructure.

Info Edge launches Rs 250 Cr growth-stage investment fund

Entrackr

Entrackr · 10d ago

Info Edge launches Rs 250 Cr growth-stage investment fund

Info Edge has launched a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedicated vehicle for later-stage companies. The new vehicle, called B8 Fund-I, may also raise capital from external sponsors, taking the total corpus beyond the initial Rs 250 crore. Info Edge already operates four early-stage investment platforms. These include Info Edge Ventures, which has raised Rs 2,300 crore across three funds; Capital 2B with a Rs 280-crore corpus; Redstart Labs, focused on AI-led startups; and direct investments from its balance sheet. Through its venture vehicles, Info Edge has backed several startups at early stages, including Gnani AI, Ixigo, Shiprocket, Zingbus, and Truemeds. Through its balance sheet, the company has invested in firms such as Zomato and Policybazaar in their early years. The new Rs 250-crore fund will focus on backing growth-stage, tech-enabled companies in India or those primarily focused on India, the company said in a regulatory filing. Registered with Sebi as a Category II alternative investment fund, the vehicle will have a tenure of eight years from its first closing. In May last year, Info Edge said its shareholders had approved a plan to invest up to Rs 1,000 crore in Info Edge Ventures' third fund as part of its strategy to institutionalize its startup investing platform. The Info Edge Ventures funds are managed in a 50:50 partnership with Singapore’s sovereign wealth fund Temasek. For the quarter ended December 31, Info Edge’s operating revenue rose to Rs 819 crore, while net profit increased 10% year-on-year to Rs 317 crore from Rs 288 crore.

SIDBI To Manage Bihar Government’s INR 50 Cr Fund For Startups

Inc42 · 2y ago

SIDBI To Manage Bihar Government’s INR 50 Cr Fund For Startups

The Bihar Startup Fund Trust and Small Industries Development Bank of India (SIDBI) have agreed to manage the INR 50 Cr Bihar Startup Scale-up Financing Fund (BSSFF), aiming to transform Bihar into a startup hub. As part of the state's startup policy, the Fund will not directly invest in startups, but will contribute to SEBI-registered Alternative Investment Funds that will make investments. The trust, established with an initial corpus of INR 500 Cr, has allocated INR 50 Cr for scale-up funding support for startups. Last year, the Odisha government also launched a similar fund.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Jan 2026

The New Era of Transparent Healthcare

Powering India's AI boom with indigenous hardware

Borrow. Rent. Share- Instead of Buying

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Daily Indian Startup Funding Roun ...

AquaExchange Raises $8M Series B ...

Cylake Raises $45 Million Seed Ro ...

Download the medial app to read full posts, comements and news.