India, April 13 -- The Government of India has issued a release:
The Government has notified the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs.10,000 crore for the purpose of mobilizing venture and growth capital for the startup ecosystem of the country.
The Startup India FoF 2.0 builds upon the strong performance of the Fund of Funds for Startups (FFS 1.0), which was launched in 2016 under the Startup India Action Plan to address funding gaps and catalyse the domestic capital for startups.
Startup India FoF 2.0 will have a total corpus of Rs.10,000 crore for commitments to eligible Alternative Investment Funds (AIFs) spread across the 16th and 17th Finance Commission cycles.
Investments under Startup...