A New Era for Indian Startups

In a significant move to bolster the startup ecosystem, Finance Minister Nirmala Sitharaman announced a Rs 10,000 crore fund of funds for startups in the 2025 budget. This initiative reaffirms the government's commitment to fostering innovation and entrepreneurship across the nation.

With over 1.5 lakh startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), India's startup landscape is thriving. The Fund of Funds for Startups (FFS) scheme, initially launched in 2016, has been pivotal in providing capital to startups at various stages, thereby reducing the reliance on foreign capital.

Encouraging Domestic Investment

Sitharaman emphasized that the new fund aims to catalyze domestic capital infusion, encouraging homegrown venture capital funds and strengthening India's position in the global startup ecosystem.

Startup India: A Decade of Growth

Aligned with the Startup India action plan unveiled on January 16, 2016, this renewed fund is set to accelerate the growth of Indian startups. By extending financial support and reducing capital constraints, the government is paving the way for India to emerge as a global innovation hub.