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<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nBengaluru: <\/span>The centre has notified the Startup India Fund of Funds 2.0 with a Rs 10,000 crore corpus to channel venture capital into startups, with a focus on deeptech and manufacturing.The scheme retains the earlier fund-of-funds structure, with government capital flowing into SEBI-registered Alternative Investment Funds (AIFs), which will invest in startups.What is new is the sharper targeting of segments. The notification lays out a \u201csegmented approach\u201d including \u201cAIFs supporting deep tech\u2026 startups engaged in developing novel solutions addressing complex problems that involve longer R&D cycles, higher costs,\u201d alongside early-stage funds and manufacturing-focused startups.It also builds in flexibility for capital-intensive sectors, noting support for \u201clarger corpuses\u201d and \u201clonger duration AIFs\u201d to cater to startups with long gestation periods.Significantly, the scheme acknowledges gaps in private funding, allowing \u201chigher contribution\u2026 for specific segments (such) as deep tech and manufacturing wherein private capital is limited and cautious.\u201dThe fund is also positioned as an \u201cumbrella framework for co-investment\u201d with ministries and institutional investors, expanding beyond a pure fund-of-funds model. Up to 5% of returns can be deployed for ecosystem support, including \u201ccapacity building\u2026 mentorship, and regulatory support,\u201d with the rest routed back to the Consolidated Fund of India.The Small Industries Development Bank of India will implement the scheme, with additional agencies to be appointed.<\/div>\n<\/div>\n