Only 30% invested from a Rs 10,000 cr startup fund. Yet India obsesses over a new fund
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
-
Narrated by:
-
Written by:
About this listen
India's Fund of Funds for Startups 1.0 is winding down this March—but it's falling short of its goals.
Of the ₹10,000 crore mandate, only ₹6,500 crore has been disbursed, and just ₹3,200 crore has actually reached startups. Meanwhile, FFS 2.0 remains stuck in limbo with no guidelines released yet.
Despite catalyzing India's startup boom—from 3,000 startups in 2016 to over 200,000 today—the program faces criticism over cheap terms for fund managers, delays, and transparency issues. As the government prepares FFS 2.0, fixing these operational inefficiencies will be crucial.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.