Cabinet Approves Startup India Fund of Funds 2.0
The Union Cabinet of India, led by Prime Minister Narendra Modi, has approved the establishment of the Startup India Fund of Funds 2.0. With a corpus of Rs. 10,000 crore, the scheme aims to boost the country’s startup ecosystem by mobilizing venture capital, encouraging innovation, and supporting deep tech and tech-driven manufacturing startups. This initiative builds on the success of Fund of Funds for Startups 1.0, launched in 2016.
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