The Indian government is set to invest Rs 20,000 crore into Alternate Investment Funds (AIFs) aimed at supporting startups, particularly in the deep tech sector. This initiative is expected to significantly enhance the funding landscape for innovative companies, providing them with the financial resources necessary to grow and develop their technologies. The focus on deep tech highlights the government’s commitment to fostering advancement in cutting-edge fields, ultimately contributing to the overall growth of the startup ecosystem in India. This investment is a strategic move to stimulate economic development and encourage innovation.