¨     The Startup India Fund of Funds 2.0 (FoF 2.0) has been approved by the Union Cabinet chaired by Narendra Modi.

¨     A corpus of ₹10,000 crore has been created to mobilise venture capital for India’s expanding startup ecosystem.
¨     The new fund has been designed to accelerate the next phase of India’s startup journey.
¨     Long-term domestic capital mobilisation and strengthening of the venture capital landscape have been targeted under the scheme.
¨     FoF 2.0 builds upon nearly a decade of efforts under the Startup India initiative launched in 2016.
¨     The startup ecosystem has grown from fewer than 500 startups in 2016 to more than 2 lakhs recognised by DPIIT.
¨     The earlier Fund of Funds for Startups (FFS 1.0) had committed the full ₹10,000 crore corpus to 145 Alternative Investment Funds.
¨     These AIFs together invested over ₹25,500 crore in more than 1,370 startups across multiple high-technology sectors.
¨     The new phase will prioritise deep-tech and innovative manufacturing ventures requiring patient long-term capital.
¨     The initiative is aligned with the vision of Viksit Bharat @ 2047 and aims to strengthen India’s position as a global innovation hub.