List My India™
February 1, 2025 at 08:17 AM
🚀 *Major Boost for Indian Startups! ₹10,000 Cr Fund Announced!* 💰🇮🇳
Finance Minister *Nirmala Sitharaman* has unveiled a fresh *₹10,000 Cr Fund of Funds (FoF)* under the *Startup India* initiative! 🎉
🔹 This new infusion strengthens startup financing, adding to the *₹91,000 Cr already committed* to the ecosystem.
🔹 Managed by *SIDBI*, the fund supports leading VC firms like *Blume Ventures, Kae Capital, Stellaris Venture Partners,* and *Sorin Investments*.
🔹 So far, *₹11,147.70 Cr has been deployed* to accelerate India's startup growth.
A game-changing opportunity for Indian startups to secure funding, scale rapidly, and drive innovation! 🚀