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Funds for Startups

News and Press Release - Dated:- 22-7-2016 - Government has approved the setting up of Fund of (FFS) with a corpus of ₹ 10000 crore. ₹ 500 crore have been released in the Financial Year 2015-16 to Small lndustries Development Bank of India (SIDBI) to start its operations and ₹ 600 crore has been earmarked for Financial Year 2016-17. As a Fund of Funds, FFS would not invest directly in Startups, but would participate in the capital of Securities and Exchange Board of India (SEBI .....

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