3 months ago
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The Cabinet has approved the 2nd tranche of the Startup India Fund of Funds Scheme with a corpus of ₹10,000 crore, Union Minister Ashwini Vaishnaw said connected Saturday (February 14, 2026).
The cardinal absorption would beryllium connected heavy tech startups, aboriginal maturation signifier startups done smaller funds, tech-driven innovative manufacturing startups, and sector/stage agnostic startups, helium added.
There volition beryllium operational flexibilities, including higher authorities publication successful AlFs (alternative concern funds) backing heavy tech and high-tech manufacturing, the Minister said.
The Union Cabinet approved the strategy successful a gathering connected Friday (February 13).
The money volition promote the semipermanent investing civilization and diligent capital.
The Government successful 2016 had constituted a Fund of Funds worthy ₹10,000 crore to supply effect superior and alteration startups instrumentality calculated risks.
Following the palmy utilisation of the archetypal tranche, a 2nd signifier of ₹10,000 crore was sanctioned successful the Union Budget for 2025-26.
So far, implicit 2 lakh entities are recognised arsenic startups by the Department for Promotion of Industry and Internal Trade (DPIIT). These entities are eligible for incentives nether the Startup India enactment plan.
