Fund of Funds for Startup India gets Rs. 7,385 crore
Govt commits Rs. 7,385 crore under Fund of Funds for Startup India Investment for 88 Alternative Investment Funds (AIFs); 720 startups supported by AIFs; Amount committed under FFS records a CAGR of over 21% since launch in 2016; Performing startups supported through FFS show valuation increase by more than 10 times with some achieving unicorn status
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