The government is going to launch the second round of financial support to start-ups with a ₹10,000 crore fund of funds to mobile venture capital and back tech-driven innovative manufacturing start-ups, deep tech and early-growth stage enterprises. This was the second part of the fund of funds (FoF) scheme under the Start-up India initiative. The first was established in 2016 when the government constituted a FoF worth ₹10,000 crore to provide seed capital. ADVERTISEMENTFollowing the successful utilisation of the first tranche, a second phase of ₹10,000 crore was sanctioned in the Union Budget for 2025-26. The statement said it has been designed to address high-risk capital gaps and strengthen India’s domestic venture capital base, particularly smaller funds.

Source: The Telegraph February 15, 2026 19:10 UTC