India State-Backed Venture Capital Fund (State-backed Fund)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
February 14, 2026
Vertical
Venture Capital
Funding Amount
$1,100,000,000
Company Info
Traction
The number of startups has grown from fewer than 500 in 2016 to more than 200,000 today, with over 49,000 startups registered in 2025 alone.
Organizations Involved
Reliance Industries, Tata Group
Market
Startups
Location
India
Company Description

India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors, focusing on high-risk areas such as artificial intelligence and advanced manufacturing.

Links