The Government of Uttar Pradesh has established INR 1000 Crore UP Startup Fund for providing access to finance to startups in Uttar Pradesh. This fund shall be in the form of fund of funds wherein it shall not invest directly into the startups, but rather it shall make investment in “Daughter Funds,” which would ultimately invest in startups promoting innovative ideas across all sectors in Uttar Pradesh.
AIF on-boarded to invest into the UP registered startups
