scorecardresearchFund of Funds for startups committed ₹7,385 crore to 88 AIFs as of Sep 24; See details

Fund of Funds for startups committed 7,385 crore to 88 AIFs as of Sep 24; See details

Updated: 27 Sep 2022, 07:58 AM IST
TL;DR.
The Fund of Funds (FFS) initiative has been playing a major role in mobilising domestic capital in the Indian startup ecosystem.
To facilitate increased funding for innovative TDF products, the Union Budget for 2022-23 has reserved 25 per cent of the defence R&D budget for private industry, start-ups and academia.

To facilitate increased funding for innovative TDF products, the Union Budget for 2022-23 has reserved 25 per cent of the defence R&D budget for private industry, start-ups and academia.