New Delhi, Feb. 15 -- Sanjeev Bikhchandani, Chair of the FICCI Startup Committee and & Founder and Executive Vice Chairman of Info Edge believes the new government fund is a major step for Indian startups. He argues that providing "patient domestic capital" will help founders build long-term businesses. He thinks this support is necessary for India to compete globally and grow its economy in many different regions.

In a post shared by FICCI on X, Bikhchandani stated, "The approval of Startup India Fund of Funds 2.0 is a transformative step for India's entrepreneurial landscape. With a Rs.10,000 crore corpus dedicated to mobilising patient domestic capital, the initiative will capitalise deep tech breakthroughs, strengthen innovative manu...