Guidelines for phase II of Fund of Funds scheme for startups at advanced stage: Commerce Minister Piyush Goyal

India's startup ecosystem is set for a boost. Commerce and Industry Minister Piyush Goyal announced that guidelines for the second phase of the Fund of Funds scheme are nearing completion. This initiative, with a Rs 10,000 crore allocation, will focus on deep tech and high-tech sectors. The government aims to encourage youth entrepreneurship through this significant funding.