New Delhi, April 25 (IANS) The government on Saturday announced the operational guidelines for the Rs 10,000 crore Startup India Fund of Funds 2.0 (FoF 2.0), aiming to streamline capital deployment and improve funding access for startups across sectors and stages.The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has unveiled a comprehensive framework to operationalise the second edition of the Fund of Funds scheme, with a focus on imp…
Latest Startup India Fund of Funds 2.0 News & Updates
New Delhi, April 13 (IANS) The Centre on Monday notified the Startup India Fund of Funds 2.0 (FoF 2.0), announcing a fresh corpus of Rs 10,000 crore aimed at boosting venture and growth capital availability for startups across the country. The move builds on the performance of the earlier Fund of Funds for Startups (FFS 1.0), which was launched in 2016 under the Startup India Action Plan to bridge funding gaps and catalyse domestic capital in the startup ecosystem.Under the new scheme, the Rs 10…
New Delhi, Feb 14 (IANS) In a major push to India’s fast-growing startup ecosystem, the Union Cabinet chaired by Prime Minister Narendra Modi has approved the setting up of the Startup India Fund of Funds 2.0 with a total corpus of Rs 10,000 crore. The new fund aims to mobilise long-term domestic capital and provide stronger financial backing to startups across the country.The scheme is designed to accelerate the next phase of India’s startup journey by strengthening the venture capital ecos…