Pune: With key initiatives such as the ₹10,000 crore Fund of Funds, increased credit guarantees, and a strong push for deep tech and fintech innovations, the government in its Union Budget 2025 has reinforced its commitment to fostering entrepreneurship and digital transformation.
Dr. Apoorva Ranjan Sharma, Co-Founder & MD of Venture Catalysts, said: "The announcement of a ₹10,000 crore Fund of Funds (FoF) and the exploration of a dedicated Deep Tech fund in the Union Budget 2025 is a monumental step towards strengthening India's startup ecosystem. By expanding the scope of funding and focusing on high-impact sectors like deep tech, this initiative will provide much-needed 'patient capital' to startups working on cutting-edge technologies such as AI, robotics, blockchain, and clean energy."
Sagar Agarwal, Co-founder & Managing Director of Beams Fintech Fund says, "The focus on insurance sector reforms, such as enhanced FDI limits and expanded coverage for underserved communities, complements the fintech sector’s efforts to deliver holistic financial solutions. For the fintech sector, the emphasis on digital infrastructure, cybersecurity, and innovation in technologies like AI and blockchain is particularly encouraging."
Anand Agrawal, Co-founder & CPTO, Credgenics: "Increasing the credit guarantee limit for startups to ₹20 crore and improving MSME credit guarantees to ₹10 crore demonstrates a real commitment to making sure young businesses have access to financing. These bold moves will allow startups to grow more quickly, invest in the latest technologies, and confidently expand into new markets."
Yuvraj Shidhaye, Founder and Director, TreadBinary, “The government's commitment to startups through enhanced credit guarantees and the new ₹10,000 crore Fund of Funds is a game-changer. Access to capital has always been a key challenge, and these initiatives will provide the much-needed boost for early-stage and growth-stage startups.”
Swati Bharagava, Co-founder of CashKaro and EarnKaro, "With the FoF for Startups already securing commitments exceeding ₹9 lakh crore, it’s clear that confidence in India’s startup potential is at an all-time high. This move will accelerate innovation, reduce reliance on foreign capital, and empower homegrown businesses to expand globally."
Ram Sellaratnam, Group CEO and Managing Director, iBUS Network, "The reduction in BCD on internet equipment and lithium batteries will significantly benefit the telecom sector by improving network resilience and expanding connectivity. Lower mobile costs will accelerate 5G adoption, further driving digital transformation."
