₹10,000 crore corpus fund to support startups through SEBI-registered Alternative Investment Funds.
The Fund of Funds for Startups (FFS) was established with a corpus of ₹10,000 crore to meet the funding needs of startups. It does not directly invest in startups but provides capital to SEBI-registered Alternative Investment Funds (AIFs) which in turn invest in startups. Managed by SIDBI, the scheme has catalyzed significant venture capital investment.