Try GOLD - Free
Startup Fund 2.0 launched with focus on hi-tech sector
Financial Express Mumbai
|April 14, 2026
THE %10,000 CRORE second Startup India Fund of Funds (FoF 2.0) has been operationalised, adopting a segmented approach to promote innovation and support downstream funds tailored to deep tech, tech-driven innovative manufacturing, and early-stage startups developing new technologies or services.
Approved on February 14 and officially notified on Monday, FoF 2.0 differs from its predecessor in several key aspects.
Notably, it will involve more than one implementing agency.While the Small Industries Development Bank of India (SIDBI), which managed the first Fund of Funds, will continue its role, the inclusion of additional implementing agencies aims to build institutional capacity to manage such schemes.
This story is from the April 14, 2026 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
America's global rizz is going up in smoke
AN American pope understands and wields it;an American president does not understand it and keeps destroying it.
3 mins
April 18, 2026
Financial Express Mumbai
Jio targets raising ₹40,000-50,000 cr, IPO filing in weeks
RELIANCE INDUSTRIES’ TELECOM arm, Jio Platforms, is likely to raise ~40,000-50,000 crore through its initial public offering (IPO) — the single-largest fundraise ever — said sources in the know.
1 mins
April 18, 2026
Financial Express Mumbai
Adani overtakes Ambani to become Asia’s richest person
GAUTAM ADANI HAS overtaken fellow Gujarat business czar Mukesh Ambani to become Asia’s richest person, as a sustained rally in shares of his ports-to-energy conglomerate lifted his net worth.
1 min
April 18, 2026
Financial Express Mumbai
UltraTech capacity at 200 MT, largest outside China now
IN A MILESTONE that underscores the pace of consolidation and expansion in the cement sector, Aditya Birla Group’s UltraTech Cement on Friday crossed an installed capacity of 200 million tonne per annum (MTPA) in India, after commissioning three new grinding units.
2 mins
April 18, 2026
Financial Express Mumbai
AI vs human resolve
The future is unlikely to be defined by the displacement of humans by machines, but by a rearticulation of human value in an age of intelligent systems
3 mins
April 18, 2026
Financial Express Mumbai
US trade headwinds
There's a need to diversify exports through finalising more free trade agreements.
2 mins
April 18, 2026
Financial Express Mumbai
Women's quota Bill fails to pass LS test
• No need to go ahead with Bills on LS expansion, delimitation: Govt
2 mins
April 18, 2026
Financial Express Mumbai
The bond market missing link
INDIA'S CORPORATE BOND MARKET HAS REGULATORY INTENT AND INFRASTRUCTURE, BUT LACKS THE HUMAN LAYER
4 mins
April 18, 2026
Financial Express Mumbai
Hormuz completely open: Iran; Trump says deal to end war soon
IRANIAN FOREIGN MINISTER Abbas Araqchi said the Strait of Hormuz was “completely open” following a ceasefire agreement in Lebanon, while US President Donald Trump said talks could take place this weekend and he believed a deal to end the Iran war would come “soon”.
2 mins
April 18, 2026
Financial Express Mumbai
US visa wall rises: 61% rejection rate jolts Indian students
Tighter visa regimes in Canada and Australia add to woes; experts flag stark geographical disparity
2 mins
April 18, 2026
Listen
Translate
Change font size
