Cabinet approves ₹10,000 crore Startup India Fund 2.0
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- Startup India Fund
- ₹10,000 crore
- from fewer
- 500 startups
- recognized entities
- 200,000
The Union Cabinet, led by Prime Minister Narendra Modi, has approved a ₹10,000 crore Startup India Fund of Funds 2.0. This initiative aims to enhance the venture capital ecosystem and support innovation-led entrepreneurship across India. Since 2016, the startup ecosystem has expanded from fewer than 500 startups to over 200,000 recognized entities.
This funding is expected to mobilize long-term domestic capital, potentially boosting investor sentiment in the startup sector and related markets.
Not investment advice. For informational purposes only.