India, July 29 -- Startups and companies backed through the government's Electronics Development Fund (EDF) have collectively raised about Rs.22,553.82 Cr, union minister of information and technology Ashwini Vaishnaw told Parliament on Wednesday.

In a reply to the Lok Sabha today, Vaishnaw said the EDF has invested Rs.257.77 Cr across eight SEBI-registered daughter funds as of June 30, 2026.

These funds have invested Rs.1,335.77 Cr in 128 startups and companies across the electronics and IT sectors.

According to the Centre, daughter funds have leveraged the EDF's investment to raise nearly five times as much capital from the market. The companies which the fund has supported have also created or acquired 373 intellectual properties. ...