Government Green Lights Rs. 10,000 Crore Fund of Funds 2.0 Under the Startup India Mission
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the establishment of the Startup India Fund of Funds 2.0 with a total corpus of Rs. 10,000 crore on Saturday. The new scheme follows the Fund of Funds for Startups 1.0, which was launched in 2016 to address funding gaps in the Indian startup ecosystem and help mobilise the domestic venture capital market.
