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    <title>Govt commits Rs. 7,385 crore under Fund of Funds for Startup India Investment for 88 Alternative Investment Funds (AIFs); 720 startups supported by AIFs</title>
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    <description>The Fund of Funds for Startups channels budgetary support through DPIIT and SIDBI to SEBI-registered Alternative Investment Funds, which invest in startups at seed, early and growth stages; the Scheme aims to mobilise domestic capital, anchor AIFs (including first-time managers), and require AIF co-investment such that startup investments materially exceed FFS disbursements, while SIDBI reforms have expedited drawdowns and increased deployment activity.</description>
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