DPIIT has issued operational guidelines for the Startup India Fund of Funds 2.0, a Rs 10,000 crore initiative under the Ministry of Commerce and Industry. The move lays out how the fund will function, aiming to improve support for startups and streamline the investment route through fund-of-funds structures. Details in the guidelines are expected to influence future startup funding flows.
In a Lok Sabha written reply, the government said the DPIIT has recognized 84,102 entities as startups as of November 30. These startups span 56 sectors, including agriculture, biotechnology, and chemicals. The move supports Startup India incentives like income tax benefits, alongside Fund of Funds and Seed Fund allocations, with Maharashtra, Karnataka, Delhi, Uttar Pradesh, and Gujarat leading recognition counts.
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India’s government has recognised more than 55,200 startups in FY26, up 51.6% from the previous year. Direct jobs created by these startups rose 36.1%, reaching the highest single-year level since the Startup India initiative began in 2016, the government said. The surge underscores accelerating startup momentum and employment impact.
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