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The corpus fund can be the nucleus for catalyzing 60,000 crore rupees of equity investment and twice as much debt investment.
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It would provide a predictable and stable source of funding for the start-up enterprises and thereby facilitate large scale job creation
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The FFS will play an important role in accelerating innovation driven entrepreneurship and business creation through Start-ups which is crucial for large-scale employment generation in the country to tap the demographic dividend
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The Fund of Funds operations will help to address the various challenges faced by start-ups such as limited availability of domestic risk capital, information asymmetry, constraints of conventional bank finance and lack of hand holding support from credible agencies