The Indian government launched the ₹10,000 crore Fund of Funds (FoF) 2.0 on Monday, aimed at sustaining investment momentum in startups. This new scheme retains the same corpus and structure as its predecessor but introduces a segmented investment strategy targeting four specific areas: deeptech funds, micro venture capitalists (VCs) supporting early-stage startups, manufacturing-focused funds aligned with the 'Make in India' initiative, and sector-agnostic funds. The Small Industries Development Bank of India (SIDBI) will serve as the primary implementation agency. The scheme allows for larger fund sizes and longer tenures, with a potential increase in government contributions for capital-intensive sectors. It also introduces a co-investment framework, enabling ministries and institutional investors to collaborate with the government. The previous Fund of Funds for Startups (FFS 1.0) successfully mobilized over ₹90,000 crore and supported more than 80 funds, contributing to the emergence of over 20 unicorns and generating over 2 lakh jobs. FoF 2.0 aims to replicate this success and further strengthen India's venture capital market and economic growth through entrepreneurship.