DPIIT Issues Operational Guidelines for ₹10,000 Crore Startup India Fund
The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for the ₹10,000 crore Startup India Fund of Funds 2.0 to strengthen the startup ecosystem. The scheme will channel funds through SEBI-registered Alternative Investment Funds (AIFs) to improve capital deployment efficiency.
The Government of India has issued operational guidelines for the ₹10,000 crore Startup India Fund of Funds 2.0. The scheme will be implemented through SEBI-registered Category I and II Alternative Investment Funds (AIFs), which will invest in DPIIT-recognised startups. SIDBI will act as the primary implementation agency. A structured segmentation of AIFs targets deep tech, early-stage, manufacturing, and sector-agnostic startups. The framework mandates monitoring, reporting, and periodic evaluation, while allowing co-investments and ecosystem development initiatives. The Venture Capital Investment Committee will assess proposals based on the track record of the team, fund management capability, and investment strategy.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.