The Government has approved the Startup India Fund of Funds 2.0 (FoF 2.0) with a total corpus of ₹10,000 crore. This second phase of the initiative is designed to accelerate India’s startup growth by mobilising long-term domestic venture capital and reducing reliance on foreign funding. Startup India FoF 2.0 builds on the foundation of the original Fund of Funds for Startups (FFS 1.0) launched in 2016
| Component | Details |
| Parent Initiative | Startup India (launched in 2016) |
| Objective (Overall) | Accelerate the next phase of India’s startup journey |
| Core Objectives | · Mobilising long-term domestic capital · Strengthening the venture capital (VC) ecosystem · Supporting innovation-led entrepreneurship nationwide |
| Total Corpus | ₹10,000 crore |
| Funding Approach | Targeted and segmented funding strategy |
| Focus Area 1: Deep tech and tech-driven innovative manufacturing (patient, long-term capital support) | |
| Focus Area 2: Empowering early-growth stage founders (reduce early-stage funding failures) | |
| Focus Area 3: National reach beyond major metros | |
| Focus Area 4: Address high-risk capital gaps in priority sectors critical for self-reliance and economic growth | |
| VC Ecosystem Support | Strengthening domestic VC base, especially smaller funds |
| Background – FFS 1.0 | |
| Launch Year | 2016 to address funding gaps and catalyse domestic VC market |
| Corpus under FFS 1.0 | ₹10,000 crore (fully committed) |
| AIF Support (FFS 1.0) | Invested in 145 Alternative Investment Funds (AIFs) |
| Investment Mobilised (FFS 1.0) | Over ₹25,500 crore invested in 1,370+ startups |
| Sectors Covered (FFS 1.0) | Agriculture, AI, robotics, automotive, clean tech, consumer goods & services, e-commerce, education, fintech, food & beverages, healthcare, manufacturing, space tech, biotechnology, etc. |
| Impact of FFS 1.0 | Supported first-time founders, crowded in private capital, strengthened India’s VC ecosystem |
| Startup Ecosystem Growth (Since 2016) | From fewer than 500 startups to over 2 lakh DPIIT-recognised startups; 2025 recorded highest-ever annual startup registrations |