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In last 3-years, FFS helped 249 startups: Goyal

Nabanita Dutta

News Editor
Image Credit: shortpedia

According to the government, 249 startups had received help in the last 2-years from the Fund of Funds for Startups (FFS). FFS is one of the contributors to the SEBI registered Alternative Investment Fund (AIF), and each AIF has its investment committee to take a decision on investments. In 2016-17, 62 startups received financial assistance. In 2017-18 it was 98, and in 2018-19, 31 startups received the help till now.