Startup India Fund of Funds 2.0
**Objective:** Accelerate India's startup ecosystem by mobilising long-term domestic venture capital. **Budget:** ₹10,000 crore corpus. **Key Features:** - Invests in SEBI-registered Alternative Investment Funds (AIFs), which in turn invest in startups - Focus on deep-tech (AI, Robotics, SpaceTech), tech-driven manufacturing, and early-growth stage startups - Encourages investment beyond major metros for nationwide innovation - Builds on FoF 1.0 which committed ₹10,000 crore across 145 AIFs funding 1,370+ startups **Beneficiaries:** Deep-tech startups, innovative manufacturing companies, early-stage founders, smaller domestic VC funds. **Implementing Agency:** Department for Promotion of Industry and Internal Trade (DPIIT). **Approved:** Cabinet approval on February 14, 2026.
- Startup India Fund of Funds 2.0 has a corpus of ₹10,000 crore, investing in SEBI-registered Alternative Investment Funds (AIFs) which in turn invest in startups.
- Focuses on deep-tech (AI, Robotics, SpaceTech), tech-driven manufacturing, and early-growth stage startups.
- Encourages investment beyond major metros for nationwide innovation.
- Builds on FoF 1.0 which committed ₹10,000 crore across 145 AIFs funding 1,370+ startups.
- Implementing agency is Department for Promotion of Industry and Internal Trade (DPIIT).
- Received Cabinet approval on February 16, 2026.
What is the Startup India Fund of Funds 2.0?
It is a Rs 10,000 crore corpus scheme approved by the Cabinet on 14 February 2026, aimed at accelerating India's startup ecosystem by mobilising long-term domestic venture capital.
How does Fund of Funds 2.0 invest in startups?
FoF 2.0 invests in SEBI-registered Alternative Investment Funds (AIFs), which in turn invest in startups. It focuses on deep-tech, tech-driven manufacturing and early-growth stage startups.
Which sectors does Fund of Funds 2.0 prioritise?
It prioritises deep-tech areas such as AI, Robotics and SpaceTech, along with tech-driven manufacturing and early-growth stage startups. It also encourages investment beyond major metros.
What was the performance of Fund of Funds 1.0?
FoF 1.0 committed Rs 10,000 crore across 145 AIFs, funding more than 1,370 startups. Fund of Funds 2.0 builds on this base to further deepen the domestic venture capital pool.
Which agency implements Startup India Fund of Funds 2.0?
The scheme is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, after Cabinet approval on 14 February 2026.
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