- Karnataka leads with 70% of startups backed under the center's electronics fund, with 89 of 128 based in Bengaluru.
- The Centre invested ₹257.77 crore across eight daughter funds.
- These funds have invested ₹1,335.77 crore in 128 startups, creating over 22,700 jobs.
- Of the 128 startups backed under the Electronics Development Fund, 90 are based in Karnataka, accounting for nearly two-thirds of total investments.
- 89 startups which are backed under the fund are located in Bengaluru—56 in electronics manufacturing and 33 in IT, while one is based in Belagavi.
- These firms have attracted ₹854.5 crore, or about 64 per cent of the investments made by the fund's eight daughter funds.
Karnataka is at the forefront of India's startup ecosystem, leading with 70% of the 128 startups funded under the Electronics Development Fund (EDF).34
Of these, 90 are based in Karnataka, with 89 located in Bengaluru—56 in electronics manufacturing and 33 in IT, while one is in Belagavi.5
Together, these startups have attracted ₹854.5 crore, accounting for 64% of total investments from the fund's eight daughter funds.26
The Centre has invested ₹257.77 crore across these funds, which have collectively invested ₹1,335.77 crore in 128 startups, generating over 22,700 jobs and contributing to the development or acquisition of more than 300 intellectual properties.
This data, shared by the electronics and information technology ministry, underscores Bengaluru's dominance in the electronics and deep-tech sectors, positioning it as a key player in India's innovation landscape.
“As of February 28, 2026, the Centre had invested ₹257.77 crore across eight daughter funds, which collectively invested ₹1,335.77 crore in 128 startups. This funding has generated over 22,700 jobs and contributed to the development or acquisition of more than 300 intellectual properties.”
