Speaking at the launch, Reddy emphasized that the state intends to help at least 100 startups from Hyderabad achieve unicorn status. Drawing an analogy with football, he noted that building a successful startup requires the same blend of teamwork, discipline and sustained effort—and ultimately, what matters most is achieving victory after persistent hard work.
The Chief Minister underscored that a robust support ecosystem, coupled with targeted financial backing, will position Telangana as a competitive destination for entrepreneurship. He added that the newly created fund-of-funds will serve as a catalytic resource, strengthening emerging companies and enabling them to compete internationally while driving employment and innovation within the state.
With this announcement, Telangana signals its growing commitment to cultivating a world-class startup environment. The new fund marks a strategic step toward shaping Hyderabad into an influential center for next-generation technology and fostering homegrown companies capable of making a global mark.
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