The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for 10 thousand crore rupees startup India Fund of Funds 2.0. The guidelines lay down a structured framework to operationalise the corpus through clearly defined mechanisms for fund deployment, governance, and monitoring, with the objective of improving the efficiency of capital flows into India’s startup ecosystem.
The Ministry of Commerce and Industry said that the scheme will be implemented through commitments to SEBI-registered Category I and II Alternative Investment Funds, which will invest in DPIIT-recognised startups. The Ministry said that the Small Industries Development Bank of India (SIDBI) will act as the initial implementation agency and will undertake execution through a structured Alternative Investment Funds selection and monitoring process.
Startup India FoF 2.0, through its structured operational design, is expected to significantly enhance the depth and quality of domestic venture capital, support innovation-driven enterprises, and strengthen India’s position as a leading global startup hub.
(ADVERTORIAL DISCLAIMER: The above release has been taken from News on Air. No editors from The Mainstream were involved in creation of this content.)
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream LinkedIn | The Mainstream Facebook | The Mainstream Youtube | The Mainstream Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.
