The Union Cabinet, chaired by PM Narendra Modi, approved the establishment of the “Fund of Funds for Startups” (FFS) by the Small Industries Development Bank of India (SIDBI) in June 2016. This fund was sanctioned for contribution to various Alternative Investment Funds (AIF) registered with the …
Tag: Sanjeev Bikhchandani
Indian Angel Network invests $200,000 in tech-focused fashion talent venture 6Degree
Indian Angel Network (IAN), the country’s oldest and largest angel investor group, has invested $200,000 in fashion talent and tech startup 6Degree . In an official statement released on June 8, 2016, 6Degree said it will use the proceeds from the round to enhance its technology and to expa…