New Delhi, Feb. 4 -- In a major push to India's startup ecosystem, Finance Minister Nirmala Sitharaman announced in the Budget 2025 that the government will infuse an additional Rs 10,000 crore into the Fund of Funds (FoF), doubling down on its earlier contribution.

This move aims to fortify Alternate Investment Funds (AIFs), which have already mobilized over Rs 91,000 crore in commitments.

The new infusion is set to create a perpetual revolving corpus, ensuring sustained financial backing for emerging businesses.

The government envisions leveraging these contributions to generate a capital pool between Rs 20,000 crore and Rs 25,000 crore over the next five years, according to M Nagaraju, Secretary of the Department of Financial Servic...