More Stories

Informist, Friday, Jan. 16, 2026

NEW DELHI – The government is working on draft guidelines to set up the INR-100-billion Fund of Funds for Startups announced in the Budget for 2025-26 (Apr-Mar), and expects to roll the guidelines out by March, Commerce and Industry Minister Piyush Goyal said Friday. This is the second time the government will set up this fund after the success of the previous one set up in 2016.

Under the Fund of Funds for Startups, the government provides capital to Securities and Exchange Board of India-registered Alternative Investment Funds, known as daughter funds, who in turn invest money in growing Indian startups through equity and equity-linked instruments. Last time, the government had given the Small Industries Development Bank of India the mandate to operate the fund.

The upcoming Fund of Funds for Startups will have a wider scope with special focus on startups in the deep-tech, defence and space sectors, Goyal told media persons on the 10th anniversary of Startup India. The government is also considering creating a separate pathway for startups under the Export Promotion Mission, which may help new companies access global markets and integrate into international value chains, Goyal added.  End

Reported by Krity Ambey

Edited by Ashish Shirke

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.