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SIDBI | Startup India Fund of Funds 2.0

vc$104.9MCo-invests

Fund Size

$104.9M

Location

India

Activity

Statusfully deployed

Links

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Investment Thesis

A government-backed fund of funds initiative to channel capital via Alternative Investment Funds (AIFs) to support early-stage startups and catalyze private investment.

About SIDBI

Startup India Fund of Funds 2.0 (FoF 2.0) is a ₹10,000 crore government-backed initiative managed by SIDBI that invests in SEBI-registered Category I and II AIFs, which in turn fund DPIIT-recognized startups, acting as a catalyst to mobilize private capital with mandates for minimum private co-investment. It emphasizes deep-tech sectors like AI, robotics, biotech, and innovation-led manufacturing, while supporting early to growth-stage funding across India. A portion of returns is reinvested into ecosystem development such as mentorship and infrastructure.

Sectors

FintechEnterprise SoftwareGenerative AI

Stages

seed

Geography Focus

India

Team

NameTitleRoleLinks
Arup KumarMD & CEOC-level
Bikram MahajanSenior Vice Presidentsenior
Chintan GandhiVice Presidentmid
DPIIT Empowered CommitteeOversight
Pravin KumarDeputy General Managersenior
Sajit KumarSenior Vice Presidentsenior
SIDBIImplementation Agency

Notable Investments

BinbagTripura Start-Up VC FundAssam Start-up Venture Capital Fund

Traits

Leads rounds

Co-invests

FAQ

What does Startup India Fund of Funds 2.0 invest in?

Startup India Fund of Funds 2.0 invests in Fintech, Enterprise Software and Generative AI at the seed stage.

Which geographies does Startup India Fund of Funds 2.0 focus on?

Startup India Fund of Funds 2.0 focuses on India, and is headquartered in India.