Department for Promotion of Industry and Internal Trade (DPIIT) · Part A
Startup India Fund of Funds 2.0
FoF 2.0
A new ₹10,000 crore fund of funds channeling capital through AIFs into deep tech, manufacturing and other priority startups.
Overview & Objective
A new ₹10,000 crore fund of funds channeling capital through AIFs into deep tech, manufacturing and other priority startups.
Key Benefits & Funding
- The Scheme has a corpus of ₹10,000 crore, which is aimed to be provided to startup through AIFs. AIFs supported under the Scheme are required to invest in startups across stages, adhering to the minimum investment multiplier for various segments as defined in the Operational Guidelines.
Eligibility Criteria
- SEBI-registered AIFs can apply for capital under the Scheme.
- The funding is provided to DPIIT recognised startups by selected AIFs.
How to Apply
The application process for AIFs has been digitalised and a detailed application can be submitted by the AIFs on SIDBI’s Fund Application Portal (https://vcfapplication.sidbi.in/login). The AIF applications undergo an eligibility screening and screening based on preliminary questionnaire. Eligible startups can approach selected AIFs for investments.