Fund of Funds for Startups (FFS)
A Rs 10,000 crore corpus operated by SIDBI that commits capital to SEBI-registered AIFs (daughter funds), which invest at least twice the FFS contribution into startups. Catalyses domestic venture and growth capital. Startup India Fund of Funds 2.0 announced with an additional Rs 10,000 crore corpus.
Maximum benefit value
₹10000 Cr
Eligibility
- Startups that raise equity from SEBI-registered AIFs supported under FFS
- AIFs must be SEBI-registered and invest at least twice the FFS contribution in startups
How to apply
FFS does not fund startups directly. SIDBI (implementing agency) commits capital to SEBI-registered Alternative Investment Funds (AIFs), which in turn make equity investments in startups. Startups approach SEBI-registered AIFs supported under FFS for equity funding.
Required documents
- As required by the investing AIF (due diligence and investment documentation)
Official sources
Verification notes
Verified via SIDBI VCF and PIB. Corpus Rs 10,000 crore under FFS 1.0 (fully committed to AIFs); FFS 2.0 approved with an additional Rs 10,000 crore. maxValueInINR reflects the Rs 10,000 crore corpus, not per-startup value (FFS invests via AIFs, not directly). [AI-gathered from official sources on 2026-07-05; needs team review]