With ₹257.77 crore invested, Electronics Development Fund supported 128 Indian startups

The central authorities has up to now supported as many as 128 start-ups nationwide with an funding of ₹257.77 crore underneath the Electronics Growth Fund (EDF).

To strengthen momentum in India’s electronics sector and nurture a sturdy innovation ecosystem, the federal government launched the Electronics Growth Fund (EDF) on February 15, 2016. The Fund was launched to advertise analysis, improvement, and entrepreneurship within the fields of electronics, nanoelectronics, and knowledge know-how.

The EDF capabilities as a Fund of Funds, designed to spend money on professionally managed Daughter Funds equivalent to early-stage angel and enterprise funds. These Daughter Funds, in flip, present threat capital to start-ups and corporations growing new applied sciences. By doing so, the EDF performed a vital function in constructing a self-sustaining electronics ecosystem that encourages innovation, product design, and mental property creation inside the nation, based on an announcement from PIB Headquarters on Saturday.

The supported start-ups function in frontier areas equivalent to Web of Issues (IoT), Robotics, Drones, Autonomous Autos, HealthTech, Cyber Safety, and Synthetic Intelligence and Machine Studying, the assertion famous.

“EDF has been established to create a robust basis for innovation and analysis in India’s electronics and knowledge know-how sectors. It goals to strengthen the ecosystem by supporting funds that present threat capital to start-ups and corporations engaged in growing cutting-edge applied sciences,” the assertion learn.

Every Daughter Fund supported underneath the scheme is required to be registered in India and adjust to all relevant legal guidelines and rules, together with the SEBI (Different Funding Funds) Rules, 2012, as Class I or Class II AIFs.

This ensures that each one taking part funds function inside a well-defined regulatory framework whereas aligning with EDF’s broader purpose of fostering analysis, entrepreneurship, and technological development

.A complete of 368 Mental Properties (IPs) have been created or acquired by the supported start-ups, it stated. Out of the 128 supported start-ups, Daughter Funds have exited from 37 investments. The cumulative returns obtained by EDF from exits and partial exits stand at ₹173.88 crore, the assertion famous.

Printed on November 15, 2025