• India should replace unicorn valuations with a national startup index measuring innovation and inclusive growth, supported by a government funding-delivery index.
• Government commitments to long-term innovation capital approach INR 5 trillion, but disbursement has lagged policy ambitions.
• The Research, Development and Innovation Scheme allocated INR 200 billion for the current financial year; only two government fund managers operated by early 2026.
• A proposed National Transmission Index would track monthly disbursements against allocations, outcomes against targets and government procurement from startups.
• Procurement preferences for globally competitive indigenous innovation could convert startup capabilities into revenue, linking performance rankings to future grants and orders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 3One4Capital Advisors LLP published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.