LatestStartup And Fundraising 5 August 2026
Sidbi Tweaks Startup Fund
The Small Industries Development Bank of India has altered the rules for its startup fund, encouraging venture capitalists to draw capital more quickly. This move is part of the government's Rs 10,000 crore Fund of Funds for Startups, which Sidbi manages.
The Small Industries Development Bank of India (Sidbi) has tweaked the rules for its startup fund. The changes are intended to *nudge venture capitalists to draw capital faster*. Key points of the changes include:
- Faster access to capital for startups
- Encouragement for venture capitalists to invest more
- Part of the government's Rs 10,000 crore Fund of Funds for Startups, which Sidbi manages.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.