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Govt to Launch Startup India Desk, Clears Rs 10,000 Cr Fund for Deep-Tech Innovation

By: Editorial Desk

by Editorial Desk
April 6, 2025
in Featured, Governance, Startups
Reading Time: 2 mins read
Union Minister Piyush Goyal announces new Startup India Desk and approval of Rs 10,000 crore fund to boost deep-tech innovation and support emerging entrepreneurs across India.

Union Minister Piyush Goyal announces new Startup India Desk and approval of Rs 10,000 crore fund to boost deep-tech innovation and support emerging entrepreneurs across India.

Summarize with:

New Delhi: Commerce and Industry Minister Piyush Goyal announced the establishment of a dedicated Startup India desk within the Department for Promotion of Industry and Internal Trade (DPIIT).

The Startup India desk, accessible via a four-digit toll-free number in multiple regional languages, will serve as a helpline for entrepreneurs to seek guidance, register concerns and suggest improvements to the startup ecosystem.

The initiative aims to offer a direct line of communication between emerging entrepreneurs and the government, making support and resources more accessible across the country.

In addition, Goyal revealed that the government has approved a second Fund of Funds for Startups (FFS) with a total corpus of Rs 10,000 crore, with Rs 2,000 crore set to be disbursed to SIDBI in the current year.

New helpline to assist Startups. #StartupMahakumbh pic.twitter.com/aqgUQLQdYY

— Piyush Goyal (@PiyushGoyal) April 5, 2025

 

The fund will prioritize seed-stage investments in startups working in AI, robotics, quantum computing, biotech, semiconductor design, and other deep-tech sectors, helping ventures that often struggle to secure traditional funding.

To further support innovation at the grassroots level, Goyal urged SIDBI to open startup support centres in every state, offering shared infrastructure and essential services to help entrepreneurs scale up their ventures.

Also read –

DPIIT Partners with Yes Bank and Kyndryl to Strengthen Startup Ecosystem

Summarize with:
Tags: deep tech start-upsDPIITFund of FundsPiyush GoyalStartup IndiaStartup Mahakumbh
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