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With 90 out of 128 companies & 64% of investments, Karnataka top beneficiary of Centre's Electronics Development Fund

India News | Latest India News Today & Real-time News from India, India Breaking News · 29 Jul 2026, 21:43

Karnataka received the most funding from the central government's Electronics Development Fund. The fund's associated venture funds invested over Rs 1,335 crore in 128 companies. Karnataka-based firms secured Rs 854.5 crore, representing nearly two-thirds of total investments. Telangana, Maharashtra, and Delhi also saw significant investments in technology startups. The fund, managed by Canbank Venture Capital Fund, is now in its divestment phase.

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