The Kerala government has invited a request for proposal (RPF) from alternative investment funds (AIFs) that are accredited by the Securities and Exchange Board of India (Sebi) to boost the start-up ecosystem in the state. The state government will provide money to the selected AIFs under its Fund of Funds scheme to invest in start-ups, especially those using technological innovations.
The project is being managed by the Kerala Startup Mission, the nodal agency to promote innovation and entrepreneurship. According to the RFP, the government will be a limited partner in these ...
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