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Govt approves second Fund of Funds for Indian startups, sets up Startup India Desk

  • The Indian government has approved the second Fund of Funds for startups with a corpus of Rs 10,000 crore.
  • Rs 2,000 crore will be disbursed to SIDBI this year to support deep tech startups.
  • A dedicated Startup India Desk has been established to serve as a helpline for entrepreneurs across India.
  • The fund aims to develop technologies like AI, robotics, quantum computing, and biotech.

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