Tamil Nadu To Set Up INR 100 Cr Fund Of Funds To Invest In Startups

Tamil Nadu announced plans to establish a ₹100 crore “Fund of Funds” to boost its startup ecosystem. The scheme will co-invest with venture capital funds, targeting early-stage and tech-driven companies. It aims to bridge the funding gap for regional entrepreneurs, encourage innovation, and strengthen the state’s MSME and digital economy. The report explains fund structure, eligibility criteria, and stakeholder expectations, framing it as a proactive model for other states.