SIDBI Fund of Funds for Startups
About This Loan
SIDBI manages the Government's ₹10,000 crore Fund of Funds for Startups (FFS) under the Startup India initiative. SIDBI does not directly invest in startups but invests in SEBI-registered AIFs (Venture Capital funds), which in turn invest in startups. This catalyzes private investment in the startup ecosystem.
Maximum Amount
Varies by VC fund (total corpus ₹10,000 Crore)
Interest Rate
Not applicable (equity investment via VCs)
Tenure
Fund lifecycle (7-10 years)
Collateral
Not applicable
Processing Fee
Not applicable (VC fund terms apply)
Eligibility
DPIIT-recognized startups; must raise funding through SEBI-registered AIFs that have received commitment from FFS.
Application Process
- 1Get DPIIT recognition through Startup India
- 2Identify SEBI-registered AIFs supported by SIDBI FFS
- 3Apply to relevant VC funds with pitch deck and business plan
- 4VC fund conducts due diligence and investment committee review
- 5Investment made as equity or convertible instruments
Documents Required
- DPIIT Recognition Certificate
- Business plan and pitch deck
- Financial projections
- Team profiles and traction metrics
- Legal incorporation documents
Official Links
Related Government Schemes
Disclaimer
This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.