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Startup-relevant scheme · Ministry of Electronics & Information Technology (MeitY) — Canbank Venture Capital Funds

Electronics Development Fund (EDF)

ClosedChecked 3 October 2026

MeitY's Electronics Development Fund (fund of funds managed by Canbank Venture Capital Funds) finished its investment phase in Feb 2024 and is now divesting: ₹257.77 crore deployed into 8 daughter funds, which invested ₹1,335.77 crore in 128 ESDM/IT startups (Jun 2026). Not a live source of new capital — approach its daughter funds' newer vehicles instead.

Amount
Varies
Type of support
Equity
Best for
Growth / Scaling
Who can apply
Growth-stage startups
Go to the official portalSource: Added by Sytezo, Oct 2026

EDF is a fund of funds anchored by MeitY and managed by Canbank Venture Capital Funds that invested through SEBI-registered daughter funds in electronics, nanoelectronics and IT companies.

Who can apply?
  • Companies were funded through EDF's daughter funds; the fund is now in its divestment phase.
What do you get?
  • ₹257.77 crore deployed into 8 daughter funds, which invested ₹1,335.77 crore in 128 companies (77 ESDM, 51 IT) that went on to raise about ₹22,554 crore (as of 30 Jun 2026).
How to apply

Closed to new investments (investment phase ended Feb 2024). Approach the daughter funds' newer vehicles or FoF 2.0-backed AIFs instead.

Objectives

Build domestic capability in electronics system design & manufacturing (ESDM) and IT through venture capital.

Key links

Deadlines, amounts and windows change. Check the official portal before you apply.

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