About Startup India Fund of Funds 2.0:
- It is launched under the Startup India initiative.
- It is designed to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital ecosystem, and supporting innovation-led entrepreneurship across the country.
- Features of the Scheme: It will have a targeted, segmented funding approach to support:
- Deep tech and tech-driven innovative manufacturing: Prioritizing breakthroughs in high-tech areas that require patient, long-term capital.
- Empowering early-growth stage founders: Providing a safety net for new and innovative ideas, reducing early-stage failures caused by lack of funding.
- National reach: Encouraging investment beyond major metros so that, the innovation thrives in every corner of the country.
- Designed to address high‑risk capital gaps: Directing greater capital to priority areas which are important for self-reliance and boosting economic growth.
- Strengthen India’s domestic venture capital base, particularly smaller funds to further boost the domestic investment landscape.