New Delhi, April 14 -- The government has notified the Rs 10,000-crore Startup India Fund of Funds 2.0 (FoF 2.0) to mobilise venture and growth capital for startups, with a focus on emerging and innovation-driven sectors.
The scheme builds on the earlier Fund of Funds for Startups (FFS 1.0), launched in 2016 under the Startup India initiative to address funding gaps and catalyse domestic capital in the startup ecosystem.
Under FoF 2.0, the government will commit funds to SEBI-registered Alternative Investment Funds (AIFs) over the 16th and 17th Finance Commission cycles. These AIFs will, in turn, invest in startups, enabling broader capital mobilisation across sectors and growth stages.
The scheme will prioritise funding for deep-tech...