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<h1>India Launches INR 10,000 Crore Fund of Funds to Boost Start-Ups, Managed by SIDBI, Supporting Innovation and Growth.</h1> A 'Fund of Funds' worth INR 10,000 crores has been established by the Government of India to support innovation-driven start-ups, managed by the Small Industries Development Bank of India (SIDBI). This fund will invest in SEBI-registered Alternative Investment Funds (AIFs), which will then invest in start-ups, encouraging private capital influx. An Institutional Trading Platform (ITP) was introduced by SEBI to simplify listing for start-ups, though no companies are listed yet. The Companies (Share Capital and Debentures) Rules, 2014 ensure transparent fundraising. The Start-up India Program is reviewed monthly by a Monitoring Committee involving various government departments and organizations.