GK Question

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The fund that provides risk capital to deep tech startups in strategic sectors is called ________ Fund of Funds.

Answer: SIDBI / Startup India

Fund of Funds for Startups (FFS) managed by SIDBI provides ₹10,000 crore corpus to SEBI-registered AIFs investing in startups. Focuses on innovation, job creation, and strategic sectors. Part of Startup India initiative. Critical for understanding government support mechanisms for entrepreneurship.

Topic Indian Tech Startups
Exam Relevance UPSC, Banking, SSC