According to a government press release, Piyush Goyal said the helpline would be accessible through a simple four-digit toll-free number in regional languages. Through this helpline, a startup can also suggest steps to further improve the ecosystem and flag problems, if they are facing any.

The BJP leader also said the second Fund of Funds for Startups with a corpus of ₹10,000 crore was approved by the Centre this year, and ₹2,000 crore from this will be disbursed to the Small Industries Development Bank of India (SIDBI) as the first instalment.

Piyush Goyal said a significant portion of the fund will be reserved for seed funding of small startups and to support deep-tech innovation. “We aim to foster the development of cutting-edge technologies like AI, robotics, quantum computing, machine learning, precision manufacturing and biotech,” he said.