Karnataka Bags Lion’s Share of Electronics Startup Fund; 90 of 128 Firms Based in State

Karnataka bags lion’s share of electronics startup fund; 90 of 128 firms based in state

India News: NEW DELHI: Karnataka has emerged as the biggest beneficiary of the Centre’s Electronics Development Fund (EDF), accounting for 90 of the 128 companies.

Electronics Development Fund-backed Startups Raised over Rs 22,550 Crore, 128 Firms Supported: Govt

Get latest articles and stories on Business at LatestLY. The government on Wednesday informed Parliament that startups backed under the Electronics Development Fund (EDF) have collectively raised over Rs 22,553.82 crore, while the fund has supported 128 startups and companies through investments made by eight SEBI-registered daughter funds. Business News | Electronics Development Fund-backed Startups Raised over Rs 22,550 Crore, 128 Firms Suppor…

EDF Backs 128 Startups as Karnataka Dominates Deep Tech Funding

July 30, 2026: Government-backed Electronics Development Fund (EDF) aimed at strengthening India’s electronics ecosystem is flowing overwhelmingly into one state, Karnataka. Data tabled in Parliament reveals that startups based in Karnataka have emerged as the biggest beneficiaries of the EDF, highlighting the state’s growing influence in electronics manufacturing, semiconductor innovation and deep technology. The Centre-backed fund, which chann…

Electronics Development Fund-Backed 128 Startups Raise ₹22.5K Cr

State-backed Electronics Development Fund (EDF) backed 128 startups and companies till June 30, 2026, who have raised ₹22,553.82 Cr