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Reddy announces ₹1,000 cr startup fund, targets 100 unicorns by 2034
The Morning Standard
|December 11, 2025
STATING that his aim was to see Hyderabad emerge as a base not only for startups but also for unicorns, Chief Minister A Revanth Reddy on Wednesday said his government would be setting up a ₹1,000 crore fund to support startups and urged founders to make use of it.
Speaking at the launch of the Google for Startups (GfS) hub at T-Hub here, the chief minister said: "At least 100 startups from Hyderabad must become unicorns, and at least 10 of them should grow into super unicorns by 2034." He asserted that the city must focus on product-based and innovationled enterprises. Revanth, accompanied by IT and Industries Minister D Sridhar Babu, launched the GfS hub, the first such facility in India.
This story is from the December 11, 2025 edition of The Morning Standard.
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