India Approves Startup India Fund 2.0
Analysis based on 14 articles · First reported Feb 14, 2026 · Last updated Feb 18, 2026
The approval of the India===Startup India Fund of Funds 2.0 is expected to significantly boost India's venture capital ecosystem, particularly for deep tech and early-stage startups. This initiative will channel long-term domestic capital, fostering innovation and potentially leading to increased economic resilience and job creation within India.
The India===Union Council of Ministers, chaired by Prime Minister Narendra Modi, has approved the India===Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore. This initiative aims to strengthen India's venture capital ecosystem and support innovation-driven entrepreneurship. Building on the success of the 2016 Fund of Funds for Startups 1.0, the new fund will prioritize deep tech and technology-driven innovative manufacturing projects, provide support to early-growth stage founders, and promote investments beyond major metropolitan cities. The government expects this fund to play a critical role in advancing India's innovation-led growth agenda, contributing to economic resilience, boosting manufacturing capabilities, and generating high-quality jobs, aligning with the national vision of Viksit Bharat @ 2047.
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