Archive · 22 Sep 2025
Kant Urges Implementation of Deep Tech Fund of Funds
Imagine the government wants to help create new tech and clean energy companies.
Amitabh Kant, who used to lead a government think tank, says the government needs to quickly start a special fund of funds, like a bank account for investments.
This fund would invest in other funds that back these innovative startups.
This helps share the risk with investors, which makes it easier for them to invest.
Kant suggests big companies should also create similar funds.
He emphasizes the need to move quickly so India can advance in new technologies.
Amitabh Kant urged for the prompt implementation of the fund of funds announced in the Union Budget.
The fund of funds is crucial for attracting private investment in deep tech and clean tech.
Kant highlighted the need for collaboration between the government and private sector.
He suggested entities like LIC and large conglomerates create their own funds.
Kant emphasized the urgency in operationalizing the fund to avoid delays in India's progress.
- Who
- Amitabh Kant
- What
- Advocated for the rapid implementation of the fund of funds for deep tech and clean tech.
- When
- During an interview at Network18’s Reforms Reloaded event.
- Where
- India
- Why
- To boost research and development and attract private investment in deep tech and clean tech.
Pro-Investment
N/A
Investment strategy
Pro-Investment
Fund of funds crucial to attract private investments and support deep tech and clean tech.
N/A
N/A
- Person
- Amitabh Kant, former CEO of NITI Aayog
- Event
- Network18’s Reforms Reloaded event
- Focus
- Deep tech and clean tech R&D
- Key Idea
- Fund of Funds for Deep Tech