India, Feb. 1 -- Finance minister Nirmala Sitharaman announced a new fund of funds (FoF) for startups with a corpus of an additional INR 10,000 Cr.

This comes after the government's allocation of INR 10,000 Cr for the previous FoF for startups has been completely utilised. FM, while presenting the Union Budget 2025, said this FoF has resulted in commitment of INR 91,000 Cr for startups.

(The story will be updated soon.)

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