Government finalises 15 funds for Startup India scheme, earmarks ₹270 crore for SIDBI
CNBC-TV18 1 hr ago·27 Oct 2026, 3:45 pm
The government has approved 15 funds under the Startup India scheme and allocated ₹270 crore to SIDBI to help finance these initiatives. It also plans to upgrade the BHASKAR platform with an AI‑driven search tool that will let companies locate startups and local suppliers across sectors and cities.
For investors, the announcement underscores a renewed push to strengthen the startup ecosystem, which could boost activity in early‑stage financing and increase demand for services that support new businesses. SIDBI’s additional capital may expand its lending capacity, potentially benefiting banks and financial firms that serve startups.
Investors should watch the timeline for fund disbursement, the rollout of the enhanced BHASKAR portal, and any further policy guidance that could influence sectors tied to entrepreneurship, such as fintech, technology services, and venture‑capital‑linked stocks.
Excerpt from CNBC-TV18
Published On Oct 27, 2026 | 21:15 IST Last Updated On Oct 27, 2026 | 21:15 IST Authorities are revamping the BHASKAR platform with artificial intelligence tools to streamline local supplier discovery, running alongside capital infusions via designated investment funds to bolster deep tech and manufacturing ventures.…Read the original at CNBC-TV18
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