Fund of Funds operations

Supporting Innovative and Disruptive Business Models

The Bank has been operating Fund of Funds programmes, viz. Fund of Funds for Start-ups (FFS), ASPIRE Fund (AF), All India Funds, Regional Funds, MSME-RCF and India Aspiration Fund (IAF), in which contributions are made to Alternative Investment Funds (AIFs) for investments in companies at different stages of business cycles viz. Seed, Series "A", Early stage etc. While commitments under All India Funds, Regional Funds, MSME-RCF and IAF are under divestment/exit stage, commitments are being considered under FFS and AF.

Brief details of active funds

Fund of Funds for Start-ups (DPIIT)

ASPIRE Fund

Impact accrued to MSMEs - Fund of Funds

140 AIFs have been assisted with a cumulative sanction of ₹6,154.71 crore and disbursements of ₹2,848.13 crore as on March 31, 2020

Generated employment of approx 30,000 under FFS