Informative

Deeptech To Get Substantial Allocation In INR 10K Cr FoF For Startups: Piyush Go...

Update / Judgement Date

06 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

Union Minister Piyush Goyal announced that deeptech startups will receive a substantial allocation from the INR 10,000 crore Fund of Funds (FoF) for startups. This signifies the government's strong emphasis on promoting innovation and growth in the deep technology sector. The dedicated allocation aims to provide crucial financial support to deeptech ventures. This initiative is expected to boost research, development, and commercialization of advanced technologies in India.

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Deeptech To Get Substantial Allocation In INR 10K Cr FoF For Startups: Piyush Go...

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