India, Feb. 14 -- In a major push to strengthen India's startup ecosystem, the Union Cabinet chaired by Prime Minister Narendra Modi has approved the Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of Rs. 10,000 crore. The initiative aims to mobilise long-term domestic capital, strengthen the venture capital ecosystem, and accelerate innovation-led entrepreneurship across the country.

Building on nearly a decade of progress under the Startup India initiative, FoF 2.0 marks the next phase of India's startup journey. Since 2016, India's startup landscape has expanded dramatically-from fewer than 500 startups to over 2 lakh DPIIT-recognised ventures, with 2025 recording the highest-ever annual registrations.

The new fund follows th...