The Fund of Funds for Startups (FFS) scheme has transformed the startup funding landscape in India, with Co-founder and Executive Vice Chairman of Info Edge, Sanjeev Bikhchandani, praising its impact. Established in 2016 with a Rs 10,000 crore corpus, the scheme aims to boost the Indian startup ecosystem by providing access to domestic capital. Bikhchandani highlighted the groundbreaking nature of the scheme, emphasizing how it has made a significant difference in empowering startups. Over 1,000 startups, 500 incubators, and numerous investors will convene at the ‘Startup Mahakumbh’ event in Delhi, fostering collaboration and innovation in the startup space. The event, supported by various industry associations and government bodies, aims to elevate India’s startup ecosystem on a global scale and cultivate the entrepreneurial spirit among students. With a focus on innovation and growth, the event strives to propel India towards becoming a leader in the startup domain.
Fund of Funds for Startups Scheme Transforms Indian Startup Funding Landscape, says Info Edge Co-founder • LatestLY
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