To encourage the Government agenda of boosting entrepreneurship by providing indirect funding to emerging Start-ups through the provision of funds to Venture Capital (VC) Funds present in the Indian Start-up Ecosystem.
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In recognition of the efforts made by SIDBI in the venture capital ecosystem, Ministry of Commerce Industry, Government of India entrusted the management of Fund of Funds for Startups (FFS) with a corpus of Rs 10,000 crore to support various Alternative Investment Funds (AIFs), which in turn would invest twice of SIDBI's contribution in start-up businesses
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