DPIIT Issues Guidelines for ₹10,000 Crore Startup India Fund of Funds 2.0 to Boost Domestic Venture Capital
The Small Industries Development Bank of India will serve as the initial implementation agency for the scheme. SIDBI will manage the process of AIF selection, screening, due diligence and monitoring. DPIIT will also bring in an additional implementation agency to widen the scheme’s reach, improve sectoral expertise and strengthen institutional capacity for managing such large-scale startup financing programmes.