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India's EDF has backed 128 tech startups, generating 368 IP, 23,600 jobs, and ₹173.88 crore in returns.
The Indian government’s Electronics Development Fund (EDF), launched in 2016, has invested ₹257.77 crore into eight Daughter Funds, supporting 128 tech startups in electronics, AI, robotics, drones, HealthTech, and cybersecurity.
These startups have generated 368 intellectual properties, created over 23,600 jobs, and delivered ₹173.88 crore in returns from 37 exits.
The EDF, a Fund of Funds, promotes indigenous innovation and reduces import dependence by channeling risk capital through SEBI-compliant, India-registered funds.
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El EDF de la India ha respaldado 128 startups tecnológicas, generando 368 IP, 23,600 empleos y ₹ 173.88 crore en retornos.