Fund of Funds for Startups (FFS) Scheme

The Fund of Funds for Startups (FFS) Scheme of the Ministry of Commerce & Industry was approved and established in 2016, with a corpus of Rs 10,000 crore.

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The Scheme aims to provide much-needed boost to the Indian startup ecosystem and enable access to domestic capital.

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The Scheme provides capital to SEBI-registered Alternative Investment Funds (AIFs), known as daughter funds, who in turn invest money in growing Indian startups through equity and equity-linked instruments.

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Small Industries Development Bank of India (SIDBI) has been given the mandate of operating this Fund through selection of suitable daughter funds and overseeing the disbursal of committed capital.

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AIFs supported under FFS are required to invest at least twice the contribution out of FFS in startups.

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