New Rs 10,000-crore fund to boost startup ecosystem

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With the new allocation of Rs 10,000 crore for the Startup India Fund of Funds (FFS), the government has introduced the option for reinvestment of alternate investment funds (AIFs). This move is expected to lead to faster exits, increased liquidity and more reinvestment opportunities, according to experts.

The previous Rs 10,000-crore cohort, announced back in 2016, has yielded a 15% gain, bringing the total corpus to Rs 11,000 crore, as per official data. However, a significant challenge was the long timelines for product companies, which take six to…



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New Rs 10,000-crore fund to boost startup ecosystem


With the new allocation of Rs 10,000 crore for the Startup India Fund of Funds (FFS), the government has introduced the option for reinvestment of alternate investment funds (AIFs). This move is expected to lead to faster exits, increased liquidity and more reinvestment opportunities, according to experts.

The previous Rs 10,000-crore cohort, announced back in 2016, has yielded a 15% gain, bringing the total corpus to Rs 11,000 crore, as per official data. However, a significant challenge was the long timelines for product companies, which take six to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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