Overview
A ₹10,000 crore fund that invests in SEBI-registered Alternative Investment Funds, which in turn invest equity in Indian startups.
Why it matters for founders
Use this scheme together with other Startup India and MSME benefits. Our community experts can help you prepare documents and a strong application.
Key benefits
Access to venture capital funds that have commitments from FFS
Indian-domestic capital for early and growth-stage startups
No direct application — pitch to the supported AIFs
Eligibility
- DPIIT-recognised startups looking for venture capital
- Investment decisions are taken by the AIFs (venture capital funds) supported under FFS
Who should apply
- Early-stage founders who meet the eligibility above and have their documents ready
- Businesses that need this type of support (grant, loan or subsidy) in the next 6–12 months
- Applicants who can show a clear plan for how the money or benefit will be used
How to apply
- 1
See the list of AIFs supported by FFS on the SIDBI website
- 2
Pitch your startup directly to these funds
- 3
The AIF evaluates and invests as per its own investment process
Documents checklist
0 of 3 readyTick each document as you collect it — your ticks are saved on this device.
Common mistakes to avoid
- Applying before checking every eligibility condition
- Uploading unclear, unsigned or expired documents
- Using different business names or addresses across documents
- Paying agents who promise guaranteed approval — government applications are free
- Missing the deadline or not tracking the application status
Frequently asked questions
Who can apply for Fund of Funds for Startups?
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Similar schemes
Prime Minister's Employment Generation Programme
Credit-linked subsidy for setting up new micro-enterprises in manufacturing and service sectors, with higher subsidy for special categories and rural areas.
Startup India Seed Fund Scheme
Early-stage funding for proof of concept, prototype development, product trials, market entry and commercialisation — routed through selected incubators.
Karnataka Elevate (Idea2PoC)
Karnataka's flagship grant programme for innovative startups registered in the state to build proofs of concept and launch products.
Tax Exemption for Startups (Section 80-IAC)
Eligible DPIIT-recognised startups can claim a deduction of 100% of profits for any 3 consecutive years out of their first 10 years.
