Startup India Fund of Funds 2.0: ₹10,000 Crore Corpus
Why in the news
The Cabinet cleared a ₹10,000 crore fund to draw venture capital into startups, as the next phase under Startup India.
Key facts
- A government-backed fund placing money in AIFs, which then back startups; private money comes in via professional fund managers.
- Phases: FFS 1.0 (2016) built the ecosystem; FoF 2.0 (2026) deepens capital markets and supports advanced innovation.
- Goals: stronger domestic venture capital, technology-intensive sectors, funding beyond metros, long-term domestic capital, easier early-stage funding.
Exam angle
- Corpus: ₹10,000 crore; approved by the Union Cabinet.