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Startup Fund 2.0 launched with focus on hi-tech sector

Financial Express Chennai

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.

- FE BUREAU

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.

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