Government’s ₹10,000 Crore Fund Gives New Push To India’s Startup Ecosystem

India’s startups are now active across more than 50 sectors, including deep tech, artificial intelligence, quantum computing, agri-tech, space, drones and aerospace. Highlighting the government’s support, it was said that the ₹10,000 crore Fund of Funds launched in 2016 has successfully provided seed capital and encouraged risk-taking among startups, with another ₹10,000 crore fund announced in the latest Budget to further strengthen India’s innovation ecosystem and empower youth.