The DPIIT has laid down the mechanisms for fund disbursal, segmentation of AIFs and their selection procedure, along with constitution of the overseeing bodies, highlighting a focus on deeptech and manufacturing startups
The Small Industries Development Bank of India (SIDBI) will act as the implementation agency (IA) for FoF 2.0 along with an additional IA to be constituted by the DPIIT
The total allocation to each selected AIF, including that from various FoFs maintained by state…

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