Venture Capital
Kerala government's 'Fund-of-Fund' scheme supports tech start-ups in the state. : In a bid to boost the startup ecosystem in the state, the Kerala Startup Mission (KSUM) has invited Request for Proposal (RFP) from SEBI-accredited Alternative Investment Funds (AIFs) under its "Fund-of-Fund" scheme. Selected AIFs will receive funds from the state government to invest in startups from Kerala. The fund will support technology enterprises. The RFP stipulates that the funds invested by the Kerala government, in the capacity of a Limited Partner, to such AIFs, shall not be more than 25% of the total scheme/fund corpus of the AIF.

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