Bhubaneswar: The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for the ₹10,000 crore Startup India Fund of Funds (FoF) 2.0, aimed at streamlining capital deployment and strengthening India’s startup ecosystem.
The fund will be deployed through SEBI-registered Alternative Investment Funds (AIFs), ensuring a structured and market-driven approach to financing startups. This model is designed to crowd in private investment while expanding access to capital for emerging ventures across sectors.
Implementation of the initiative will be led by Small Industries Development Bank of India (SIDBI), which has played a central role in earlier funding frameworks. DPIIT also plans to onboard additional implementing agencies to enhance outreach, scale, and operational capacity.
Startup India FoF 2.0 is envisioned as a catalytic fund—mandating the mobilisation of private capital alongside public investment. Beyond funding, it aims to support broader ecosystem development by improving access to risk capital, encouraging innovation, and enabling startups to scale sustainably.
The initiative reinforces India’s commitment to fostering entrepreneurship and positioning itself as a global hub for innovation-driven enterprises.
-OdishaAge
