{"id":5915,"date":"2018-08-27T22:44:38","date_gmt":"2018-08-27T22:44:38","guid":{"rendered":"https:\/\/lavellenetworks.com\/?p=5915"},"modified":"2024-08-09T10:12:50","modified_gmt":"2024-08-09T10:12:50","slug":"the-128-startups-that-raised-funding-from-the-dipps-fund-of-funds","status":"publish","type":"post","link":"https:\/\/lavellenetworks.com\/blog\/the-128-startups-that-raised-funding-from-the-dipps-fund-of-funds\/","title":{"rendered":"The 128 Startups That Raised Funding From The DIPP\u2019s Fund Of Funds"},"content":{"rendered":"<p>Ever since the Centre launched the Fund of Funds for Startups (FFS) with a corpus of<a href=\"https:\/\/inc42.com\/buzz\/startup-action-plan\/\" target=\"_blank\" rel=\"noopener\">\u00a0$1.5 Bn (INR 10K Cr) in January 2016<\/a>, the DIPP (Department of Industrial Policy and Promotion), Small Industries Development Bank of India (SIDBI), and selected alternate investment funds (AIFs) have been\u00a0<strong>aiming at maximum disbursal of the allotted funds till 2025.<\/strong><\/p>\n<p class=\"selectionShareable\">Though the initial fund disbursement was low, since the beginning of 2018, the AIFs have accelerated startup investments under the Fund of Funds.<\/p>\n<p class=\"selectionShareable\">In early 2018,\u00a0<a href=\"https:\/\/inc42.com\/buzz\/sidbi-under-dipp-scanner-for-slow-disbursal-of-funds\/\" target=\"_blank\" rel=\"noopener\">it was reported<\/a>\u00a0that DIPP has released $76.9 Mn (INR 500 Cr) to SIDBI in FY16 and $15.3 Mn (INR 100 Cr) in FY17.<\/p>\n<p>These numbers were really low considering that the entire Fund of Funds corpus has been earmarked for allocation across<strong>\u00a0two finance commission cycles (2015-2020 and 2021-2025).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever since the Centre launched the Fund of Funds for Startups (FFS) with a corpus of\u00a0$1.5 Bn (INR 10K Cr) in January 2016, the DIPP (Department of Industrial Policy and Promotion), Small Industries Development Bank of India (SIDBI), and selected alternate investment funds (AIFs) have been\u00a0aiming at maximum disbursal of<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":6,"featured_media":20925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.0.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The 128 Startups That Raised Funding From The DIPP\u2019s Fund<\/title>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The 128 Startups That Raised Funding From The DIPP\u2019s Fund\" \/>\n<meta property=\"og:description\" content=\"Ever since the Centre launched the Fund of Funds for Startups (FFS) with a corpus of\u00a0$1.5 Bn (INR 10K Cr) in January 2016, the DIPP (Department of Industrial Policy and Promotion), Small Industries Development Bank of India (SIDBI), and selected alternate investment funds (AIFs) have been\u00a0aiming at maximum disbursal of [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/inc42.com\/features\/the-128-startups-that-raised-funding-from-the-dipps-fund-of-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Lavellenetworks\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-27T22:44:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-09T10:12:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lavellenetworks.com\/blog\/wp-content\/uploads\/2018\/08\/Feature-Image-Startup-1360x680-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1360\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@shyamaltw\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading 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