Indian Government's Fund-of-Funds Scheme for startups has resulted in 18 Unicorns.
Government's Fund-of-Funds Scheme Sparks Startup Success
The Fund-of-Funds Scheme (FFS) for startups in India has fostered 18 unicorns, igniting innovation.
SIDBI's Role in Startup Ecosystem Growth
SIDBI's FFS, initiated in 2016 with Rs 10,000 crore, has mobilized Rs 17,534 crore for 969 startups.
Impact on Regional Startup Ecosystems
FFS has extended support beyond Tier 1 cities, boosting investments in startups across India.
Future Challenges and Opportunities
Despite budget cuts, startup schemes like FFS continue to drive employment opportunities and economic growth.
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