Government notifies Startup India Fund of Funds 2.0 with ₹10,000 crore corpus
The Government notified the Startup India Fund of Funds 2.0 on 13 April 2026 with a corpus of ₹10,000 crore for commitments to Alternative Investment Funds backing deep tech, early growth-stage and innovative manufacturing startups, with SIDBI as the implementation agency.
Summary
The Government notified the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) on 13 April 2026, with a total corpus of ₹10,000 crore to mobilise venture and growth capital for startups, the Ministry of Commerce and Industry said. The scheme builds on the Fund of Funds for Startups (FFS 1.0), launched in 2016 under the Startup India Action Plan. The corpus will be committed to eligible Alternative Investment Funds (AIFs) across the 16th and 17th Finance Commission cycles, focusing on deep tech startups, early growth-stage startups backed by smaller AIFs, technology-driven and innovative manufacturing startups, and sector- or stage-agnostic startups. AIFs will be screened by a Venture Capital Investment Committee of startup-ecosystem veterans, and an Empowered Committee will monitor implementation. SIDBI is the implementation agency from the date of notification, with a second domestic agency to be selected; DPIIT will issue the operational guidelines.
Key facts
- Corpus
- ₹10,000 crore
- Notified
- 13 April 2026
- Predecessor
- Fund of Funds for Startups (FFS 1.0), 2016, Startup India Action Plan
- Invests through
- Alternative Investment Funds; 16th and 17th Finance Commission cycles
- Focus
- Deep tech, early growth-stage, innovative manufacturing, sector/stage agnostic
- Implementation
- SIDBI (plus one more agency); guidelines by DPIIT; VCIC screening; Empowered Committee
Practice MCQs 3 questions
What is the total corpus of the Startup India Fund of Funds 2.0 notified on 13 April 2026?
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Correct answer: A — ₹10,000 crore
The scheme has a total corpus of ₹10,000 crore.
Consider the following statements about Startup India FoF 2.0: 1. It builds on the Fund of Funds for Startups launched in 2016 under the Startup India Action Plan. 2. SIDBI will operationalise the scheme as the Implementation Agency from the date of notification. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct as per the Ministry of Commerce and Industry.
The commitments under Startup India FoF 2.0 to eligible Alternative Investment Funds are spread across which Finance Commission cycles?
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Correct answer: B — 16th and 17th
The corpus is for commitments to eligible AIFs spread across the 16th and 17th Finance Commission cycles.