SIDBI | Startup India Fund of Funds 2.0
◆ Fund Size
$119.9M
◆ Check Size
◆ Location
India
◆ Portfolio
1270 companies
◆ Activity
Statusactively investing
◆ Links
◆ Share this fund
◆ 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
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| Arup Kumar | MD & CEO | C-level | |
| Bikram Mahajan | Senior Vice President | senior | |
| Chintan Gandhi | Vice President | mid | |
| DPIIT Empowered Committee | Oversight | — | |
| Pravin Kumar | Deputy General Manager | senior | |
| Sajit Kumar | Senior Vice President | senior | |
| SIDBI | Implementation Agency | — |
◆ Notable Investments
◆ 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.
What is Startup India Fund of Funds 2.0's typical check size?
Startup India Fund of Funds 2.0 typically writes checks of $2.5M to $3.6M.