Question
How does the Fund of Funds for Startups (FFS) Scheme
provide funding to startups?Solution
The FFS Scheme does not invest directly in startups but provides capital to daughter funds (AIFs registered with SEBI). These daughter funds then invest in growing startups through equity and equity-linked instruments, helping to support their growth. This approach allows FFS to act as a funding facilitator without directly interacting with individual startups.
Where did the Prime Minister inaugurate the Pandit Deendayal Upadhyaya Institute of Archaeology in 2019?
What is a 'double fault' in tennis?
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2. Krishnadevaraya, the gr...
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