June 14, 2026 8:16 PM

PM Modi highlights India’s investment potential after interactions with global investors at Bharat Innovates 2026

Prime Minister Narendra Modi on Sunday described his interactions with global investors and venture capital leaders at Bharat Innovates 2026 in Nice as “enriching and insightful”, highlighting India’s growing appeal as a global hub for innovation, technology and investment. In a post on X, the Prime Minister said discussions focused on the vast opportunities India offers across sectors such as technology, manufacturing, innovation and other emerging industries. He noted that India’s gro...

February 14, 2026 2:01 PM

Cabinet approves Rs 10,000 crore Startup India Fund of Funds 2.0 to boost venture capital ecosystem

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of the Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of ₹10,000 crore to mobilise venture capital for the country’s rapidly expanding startup ecosystem. The new fund aims to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital landscape and supporting innovation-led entrepreneurship across sectors. Launched under ...

March 11, 2025 12:41 PM

India’s venture capital funding surges 43% to $13.7 billion in 2024

India’s venture capital (VC) ecosystem witnessed a strong resurgence in 2024, with total funding reaching $13.7 billion—a 43% increase compared to the previous year, according to a report by global consultancy Bain & Company released on Tuesday.   The report highlights a sharp rise in deal activity, with 1,270 transactions recorded, marking a 45% increase in deal volumes. This growth solidifies India’s position as the second-largest market for venture capital and growth funding in t...

October 24, 2024 11:03 PM

PM Modi lauds launch of ₹1,000 crore VC fund for space sector, says it will drive innovation

Prime Minister Narendra Modi hailed the Union Cabinet’s decision to set up a ₹1,000 crore Venture Capital (VC) Fund dedicated to the space sector, stating that it will have a phenomenal impact on the youth and foster innovation in India’s growing space industry. In a post on X, PM Modi expressed optimism about the fund’s role in creating opportunities for young innovators. "Excellent news for the space sector! The Cabinet’s decision to establish a Venture Capital Fund will give opport...