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Under the Fund of Fund for Startuos, capital is provided to SEBI-registered AIFs, known as daughter funds, who in turn invest money in growing Indian startups through equity and equity-linked instruments
The Central government on Monday said that the Fund of Funds for Startups (FFS), launched under the Startup India initiative in 2016 by Prime Minister Narendra Modi has committed Rs 7,385 crore to 88 Alternative Investment Funds (AIFs) as of September 24, 2022.
Get latest articles and stories on Business at LatestLY. The Central government on Monday said that the Fund of Funds for Startups (FFS), launched under the Startup India initiative in 2016 by Prime Minister Narendra Modi has committed Rs 7,385 crore to 88 Alternative Investment Funds (AIFs) as of September 24, 2022. Business News | Govt Commits Rs 7,385 Cr Under Fund of Funds for Startup India Investment.