
Finance Minister Arun Jaitley on Tuesday launched the India Aspiration Fund (IAF) to be set up as a fund of funds under the Small Industries Development Bank of India (SIDBI) in order to boost the startup ecosystem in the country.
Finance Minister Arun Jaitley on Tuesday launched the India Aspiration Fund (IAF) to be set up as a fund of funds under the Small Industries Development Bank of India (SIDBI) in order to boost the startup ecosystem in the country. An initial corpus of Rs 400 crore has been already allocated to various venture funds under it, official sources close to the development told ET. Details