India Electronics Development Fund (EDF) strengthened the country’s deep-tech ecosystem with an accumulated investment of Rs 1,335.77 crore (approx. $139.23 million) supporting 128 start-ups and tech enterprises. This milestone further demonstrates the government’s commitment to developing Indian capabilities in innovation across electronics, semiconductors, nanoelectronics, and IT. This development reiterates their aim to foster an indigenous self-reliant ecosystem that can eventually enable the creation of a globally competitive technology economy leveraging high innovation, leading edge technology, high-quality human talent to create differentiated technology solutions.
The Electronics Development Fund (EDF) set up by the Ministry of Electronics and Information Technology (MeitY) in February 2016 is an Umbrella-Fund of Funds concept. In this model, the EDF invests into other professionally managed venture capital and angel investment funds, called “Daughter Funds.” These Daughter Funds invest into the high- growth potential start ups that build future technologies. As of September 30, 2025, a sum of 257.77 crore of direct equity in eight Daughter Funds by EDF and additional 1,335.77 crore capital invested by Daughter Funds in total of 128 start-ups/ ventures were catalysed in India.
The electronics development fund manages eight SEBI regulated Daughter Funds like Unicorn India Ventures Trust, Aaruha Technology Fund-I, Endiya Seed Co-creation Fund, Karsemven Fund, pi Ventures Fund I, YourNest India VC Fund II, Ventureast Proactive Fund-II and Exfinity Technology Fund Series II. The daughter venture funds pick out startups that can use cutting edge technologies and have high commercial viability.
Having invested in 128 start-ups spanning various frontier technologies, the Electronics Development Fund has become a significant lever for nurturing deep-tech innovation in the country. Over the coming years, the programme will play an even larger role in scaling the nation’s electronics ecosystem, create high-skill, high-value jobs, and advance India’s vision to lead the world in areas like electronics design, semiconductor technologies, and next generation digital innovations.
