Fund of Funds for Start-ups

In line with the Start-up India Action Plan unveiled by the Hon’ble Prime Minister on the January 16, 2016, the Cabinet approved the establishment of ‘Fund of Funds for Start-ups (FFS) at SIDBI for contribution to various Alternative Investment Funds (AIFs) with a corpus of INR 10,000 crore. Introduced with a focussed objective of supporting development and growth of innovation driven enterprises, the Fund of Funds (FFS) facilitates funding needs for Start-ups through participation in capital of SEBI registered Venture Funds.

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