June 28, 2019
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Fund of Funds support for startups channels capital through AIFs while pairing regulatory relief and IPR fast track measures.
Start up India creates a combined recognition, regulatory relief and ecosystem platform with a central Startup India Hub and portal, legal and IPR support including fast track patent examination, relaxed public procurement norms, faster exit procedures, and ecosystem measures such as incubators and research parks. The Fund of Funds for Startups (FFS), monitored by DPIIT and operated through SIDBI, commits capital to SEBI registered AIFs which invest in startups; complementary measures include a Credit Guarantee facility and tax exemptions to incentivise investment and growth. State level startup policies and state wise registration and investment data guide decentralised implementation.