According to a CRISIL report, fund of funds has pumped capital to the tune of INR 1,590 Cr in 129 startups beyond Tier-I cities

Under the scheme, commitments have been sanctioned for 129 alternative investment funds (AIFs) across segments such as deeptech, agritech, healthtech, and sustainability

Founded in 2016 with a corpus of INR 10,000 Cr, fund of funds has been envisaged to boost the country’s startup ecosystem and provide capital to startups

For more:https://inc42.com/buzz/govts-fund-of-funds-invested-inr-17534-cr-in-938-unique-indian-startups/