Startup And Fundraising 28 October 2026
India's Press Note 2 Reform Aims to Ease FDI for Border Investors
India will roll out a second fund‑of‑funds scheme that positions SIDBI as the bridge between the government and startups, creating a public funding channel. The move aims to cut red tape for foreign direct investment from neighboring countries, easing entry for border‑nation investors and boosting startup financing.
Press Note 2 reform introduces a second fund‑of‑funds programme that places SIDBI between the government and the startup ecosystem, creating a public funding channel. Read the full note.
- Lowers FDI barriers for investors from bordering nations.
- Channels government money through SIDBI to seed‑stage firms.
- Expected to attract more foreign direct investment into India's startup scene.
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