Fund of Funds for Startups (FFS), operated by SIDBI
स्टार्टअप्स के लिए फंड ऑफ फंड्स
Open continuously
No deadline — apply whenever you are ready.
No direct grant: the Fund of Funds for Startups invests via SEBI-registered Alternative Investment Funds from an approved corpus of INR 10,000 crore, and a Startup India Fund of Funds 2.0 with a corpus of INR 10,000 crore has been announced. Startups receive money from the AIFs, not from SIDBI directly.
Small Industries Development Bank of India (SIDBI), on behalf of DPIIT, Ministry of Commerce and Industry, Government of India
public · national
Deadline: Open all year — AIF managers approach SIDBI Venture Capital for commitments; there is no application route for individual startups.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Stage: seed, Series A and growth
- Locally registered entity required
Indirect instrument. The startup-facing eligibility condition is that the investee must qualify as a startup under the DPIIT definition for the AIF's FFS-attributable investment to count, so DPIIT recognition is effectively required for the FFS-linked portion. Terms are set by the AIF, not by SIDBI or DPIIT.
How to apply
- Startups: identify and pitch to Alternative Investment Funds that have received an FFS commitment from SIDBI. — link
- Fund managers: apply to SIDBI Venture Capital Ltd for a commitment from the Fund of Funds for Startups. — link
What you will need
- For AIFs: SEBI AIF registration and fund documents
Related reading: How grant deadlines actually work · DPIIT recognition for Indian startups, explained
Source. https://www.sidbivcf.in/en/funds/ffs
"It has approved corpus of Rs 10,000 crore for contribution to various Alternative Investment Funds (AIFs) registered with SEBI."
Last checked against the official page on 5 October 2026
Source: www.sidbivcf.in
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