Prøve GULL - Gratis
Fund of Funds expected to benefit over 161K startups
Hindustan Times Thane
|February 02, 2025
We believe the increased financial support from govt alongside efforts to reduce capital constraints will further accelerate growth of startups. ARCHANA JAHAGIRDAR, founder of Rukam Capital
NEW DELHI: The aim of the 2025-26 Union Budget to provide a decisive push for startups in the country was clear on Saturday when finance minister Nirmala Sitharaman outlined several measures to help bolster and expand the startup ecosystem. The key announcement was that of another FFS, or Fund of Funds for startups, with a fresh government contribution of ₹10,000 crore. The government expects this to benefit the 161,225 startups recognised by the Department for Promotion of Industry and Internal Trade, or DPIIT.
"The Alternate Investment Funds (AIFs) for startups have received commitments of more than ₹91,000 crore. These are supported by the Fund of Funds set up with a government contribution of ₹10,000 crore. Now, a new Fund of Funds, with expanded scope and a fresh contribution of another ₹10,000 crore, will be set up," Sitharaman said during her speech in Parliament.
Denne historien er fra February 02, 2025-utgaven av Hindustan Times Thane.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Thane
Hindustan Times Thane
India’s less than ideal workload distribution
Rotation of Bumrah and Kuldeep defies logic unlike Australia’s Ashes plans for their players
3 mins
November 05, 2025
Hindustan Times Thane
FUGITIVE BIZMAN ARRESTED IN U.S., DEPORTED TO INDIA OVER FRAUD
Praveen Kumar Kapoor, co-founder and promoter of realty firm SRS Group who has been accused of cheating investors and banks of ₹2,200 crore, has been deported to India after he was stopped by the US authorities from entering New York based on an Interpol red notice, people familiar with the development said on Tuesday.
1 min
November 05, 2025
Hindustan Times Thane
India and Israel vow to deepen bilateral ties
India on Tuesday backed the Gaza peace plan with the hope that it leads to a lasting solution, as external affairs minister S Jaishankar and his Israeli counterpart Gideon Sa’ar held talks on deepening cooperation in counterterrorism, trade, and regional connectivity through projects such as the India-Middle East-Europe Economic Corridor (IMEC).
2 mins
November 05, 2025
Hindustan Times Thane
JD(U)’s Lalan Singh booked over ‘keep voters inside’ comment
The Patna district administration said on Tuesday an FIR has been registered against Union minister of panchayati raj and senior Janata Dal (United) leader Rajiv Ranjan Singh alias Lalan Singh over his controversial comments during campaigning a day ago.
1 mins
November 05, 2025
Hindustan Times Thane
Meta secures relief on data sharing ban, penalty stays
The National Company Law Appellate Tribunal (NCLAT) on Tuesday upheld a 213.14 crore penalty imposed on WhatsApp and its parent company Meta Platforms Inc for abusing their dominant market position through the messaging platform's 2021 privacy policy update, but set aside a five-year ban on data sharing for advertising purposes.
2 mins
November 05, 2025
Hindustan Times Thane
Bihar’s frozen transition and the signs of a churn
In a remarkably short time, political strategist Prashant Kishor has managed to reshape Bihar's political conversation and capture public imagination.
3 mins
November 05, 2025
Hindustan Times Thane
World beating women’s team arrives in Capital
The World Cup-winning Indian women's cricket team along with support staff landed in the capital on Tuesday evening ahead of their expected meeting with Prime Minister Narendra Modi for felicitation at his official residence.
2 mins
November 05, 2025
Hindustan Times Thane
US govt shutdown in 35th day, tied for longest in history
The US government shutdown entered its 35th day on Tuesday, matching a record set during President Donald Trump's first term, as lawmakers voiced optimism over progress behind the scenes to end the dispute.
1 mins
November 05, 2025
Hindustan Times Thane
Myanmar's e-scam hub sweep triggers recruitment rush
Recent raids on one of Myanmar's most notorious internet scam hubs sparked a recruitment rush as fleeing workers scrambled to enlist at nearby fraud factories, experts and insiders told AFP.
1 min
November 05, 2025
Hindustan Times Thane
Gopichand P. Hinduja dies at 85 in London
Gopichand P. Hinduja, chairman of Hinduja Group and one of the most influential figures in global business, passed away at 85 in a London hospital, PTI reported.
2 mins
November 05, 2025
Listen
Translate
Change font size