Govt’s Fund of Funds 2.0 to expand into newer startup segments
This image was generated by AI and may not depict real events.
The Indian government's Fund of Funds 2.0 will expand into newer startup segments, including deep tech and manufacturing startups. The Rs 10,000 crore fund will be divided into four segments to support innovative startups and early-growth stage enterprises.
The Indian government's Fund of Funds 2.0 will have an expanded scope. The Rs 10,000 crore fund will be divided into four segments. The first segment will focus on deep tech startups, while the second will support early-growth stage startups. The third segment will support tech-driven innovative manufacturing startups, and the fourth will cater to sector/stage agnostic startups. The fund will contribute to the corpus of SEBI-registered Alternative Investment Funds. Operational guidelines will be issued by the Department for Promotion of Industry and Internal Trade.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.