MoC&I Notifies Rs. 10,000 Crore Startup India FoF 2.0 to Strengthen Deep Tech and Manufacturing Startups
In April 2026, the Ministry of Commerce and Industry (MoC&I) through the Department for Promotion of Industry and Internal Trade (DPIIT) notified the establishment of Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs. 10,000 crore to strengthen India’s startup ecosystem, especially in deep tech and manufacturing sectors.
About Startup India FoF 2.0:
Objective: The scheme aims to bridge the funding gap for startups by investing in Securities and Exchange Board of India(SEBI)-registered Alternative Investment Funds (AIFs), which further invest in equity and equity-linked instruments of DPIIT-recognised startups.
Timeline: The scheme will operate across the 16th and 17th Finance Commission(FC) cycles.
Implementation Agency (IA): The SIDBI will serve as the primary IA and a second domestic IA will also be appointed.
Approach: To ensure targeted innovation, the Startup India FoF 2.0 utilizes a 4 segmented approach.
Selection Process: A Venture Capital Investment Committee (VCIC), comprising industry veterans, will screen the AIFs for selection.
Empowered Committee (EC): An EC chaired by Amardeep Singh Bhatia, Secretary of DPIIT will monitor the implementation and performance of the scheme.