Electronics Development Fund (EDF) invests ₹1,335.7 crore in 128 startups; Karnataka gets 64% share

Exam-focused facts from the 1 August 2026 current affairs briefing.

Key facts

The Electronics Development Fund (EDF) invested ₹1,335.7 crore in 128 startups and companies as of June 30, 2026.
Karnataka received 64% of the total investment (₹854.5 crore) and accounted for 90 of the 128 companies.
Of the 128 companies, 77 were in electronics system design and manufacturing, and 51 in information technology.
The EDF, managed by Canbank Venture Capital Fund Ltd, is a fund of funds with the government investing ₹257.7 crore in eight Sebi-registered venture funds.
The supported firms collectively raised around ₹22,553.8 crore and created or acquired 373 intellectual property assets.