DPIIT, Ministry of Commerce & Industry

Startup India Fund of Funds 2.0

EQUITYSTARTUP-SPECIFIC

Stage: Growth / scaling
Indicative amount: ₹10,000 cr corpus (new window)

What it is for

The follow-on to the original Fund of Funds, weighted toward deep tech, tech-driven manufacturing, and early-growth stage startups.

Who can apply

You cannot apply directly. Startups access this indirectly via a SEBI-registered AIF backed under this ₹10,000 crore window.

What you get

Equity investment via a backed AIF — investment size varies by the AIF.

How to apply

Get DPIIT recognition and pitch to an AIF selected under FoF 2.0.

Best suited for

A deep-tech, manufacturing, or early-growth-stage startup genuinely raising a VC round.

Official links

Cabinet approval announcement — PM India https://www.pmindia.gov.in/en/news_updates/cabinet-approves-startup-india-fund-of-funds-2-0-to-mobilize-venture-capital-for-indias-startup-ecosystem/

Summarised from official sources, last reviewed 2026-09-07. Amounts and eligibility are indicative — always confirm against the live scheme guideline before acting.