Cabinet approves Startup India Fund of Funds 2.0 with ₹10,000 cr corpus
The Hindu
Cabinet greenlights ₹10,000 crore Startup India Fund 2.0, focusing on deep tech and innovative early-stage startups.
The Cabinet has approved the second tranche of the Startup India Fund of Funds Scheme with a corpus of ₹10,000 crore, Union Minister Ashwini Vaishnaw said on Saturday (February 14, 2026).
The key focus would be on deep tech startups, early growth stage startups through smaller funds, tech-driven innovative manufacturing startups, and sector/stage agnostic startups, he added.
There will be operational flexibilities, including higher government contribution in AlFs (alternative investment funds) funding deep tech and high-tech manufacturing, the Minister said.
The Union Cabinet approved the scheme in a meeting on Friday (February 13).
The fund will encourage the long-term investing culture and patient capital.
The Government in 2016 had constituted a Fund of Funds worth ₹10,000 crore to provide seed capital and enable startups take calculated risks.
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Cabinet greenlights ₹10,000 crore Startup India Fund 2.0, focusing on deep tech and innovative early-stage startups.
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