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Informative

Union Budget 2025: FM Announces INR 10K Cr FoF For Startups

Update / Judgement Date

02 Feb 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

The Union Budget 2025 includes a ₹10,000 crore Fund of Funds (FoF) for startups to help them scale up their operations. The allocation will focus on providing financial support to startups, particularly those in the early and growth stages. This initiative aims to encourage innovation and entrepreneurship across various sectors, providing startups with the capital needed to expand and create more jobs. The budgetary allocation reflects the government’s ongoing commitment to supporting India’s startup ecosystem, which has become a significant driver of economic growth.