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Fund of Funds for Startups (FFS), launched under Startup India initiative in 2016 has committed Rs. 7,385 crore to 88 Alternative Investment Funds (AIFs). These AIFs in turn have invested Rs. 11,206 crore in 720 startups. FFS has been playing a monumental role in mobilizing domestic capital in Indian startup ecosystem. FFS has announced with a corpus of Rs. 10,000 crore. The corpus is to be built up over 14th and 15th Finance Commission Cycles (FY 2016-2020 and FY 2021-2025) through budgetary support by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India. Under FFS, support is extended to SEBI registered Alternative Investment Funds (AIFs), which in turn invest in startups. FFS has not only made capital available for startups at early stage, seed stage and growth stage but also played a catalytic role in terms of facilitating raising of domestic capital, reducing dependence on foreign capital and encouraging home grown and new venture capital funds. Collectively, the AIFs supported by FFS have a target corpus of over Rs. 48,000 crore.
A man invested certain sum at simple interest of r% p.a. such that it amounts to 160% of itself in 6 years. Find the interest earned when Rs. 2400 is in...
Simran Funded Rs. 70,000 in two different SIP's. She funded the smaller amount at CI of 20% p.a. compounded annually, and larger amount at SI of 16.5% f...
Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A person named 'P' invested Rs. 48,000 in an SIP called 'X', which provides compound interest at a rate of 50% per annum, compoun...
A certain sum of money yields Rs. 9,930 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
The difference between the interest received on a certain sum at the rate of 32% p.a. and 28% p.a. respectively at simple interest for two years is Rs. ...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1800 and simple interest of Rs.1600 at the end of 2 year...
The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simp...
