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<h1>Fund of Funds support for startups via SEBI-registered AIF investments managed by a designated fund manager expands startup financing.</h1> A government-managed Fund of Funds channels capital into SEBI-registered Alternative Investment Funds, which then invest in startups across sectors and States; part of the corpus has been sanctioned to a set of AIFs. Concurrently, many startups have applied for programme recognition while a smaller number have been formally recognized, and state-level allocation or investment details are not available in official disclosures.