Lok Sabha Question No. 1260 (UNSTARRED), answered on 2017-12-22
Subject: AIFs Disbursal by SIDBI
Ministry: FINANCE
Asked by: KINJARAPU RAM MOHAN NAIDU

## Government of India Ministry of Finance Department of Financial Services

## LOK SABHA UNSTARRED QUESTION NO. 1260 TO BE ANSWERED ON 22 nd  DECEMBER 2017 / PAUSHA 01, 1939 (SAKA) 'AIFs Disbursal by SIDBI'

## 1260. SHRI RAM MOHAN NAIDU KINJARAPU :

Will the Minister of FINANCE be pleased to state:

- a) the  amount  disbursed  to  Alternative  Investment  Funds  (AIFs)  by  Small  Industries Development Bank of India (SIDBI) under the Fund of Funds for Startups (FFS) scheme;
- b) the number of AIFs that have been  provided financial support by SIDBI and out of them how  many  AIFs  have  received  funds  and  the  number  of  startups  that  have  been benefited so far; and
- c) the number of AIFs and startups that have been committed financial assistance and that have actually received funds so far, State-wise including Andhra Pradesh?

## ANSWER

MINISTER OF STATE IN MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

- (a) Rs. 103.45 crores has been disbursed to Alternative Investment Funds (AIFs) under the Fund of Funds for Startups (FFS) scheme by SIDBI as on December 15, 2017.
- (b) Commitment of funds under FFS has been made to 18 AIFs so far. As on December 15, 2017, 13 AIFs have commenced drawdowns. These 13 AIFs have invested in 77 Startups so far.
- (c) State-wise  number  of  AIFs  which  have  been  committed  funds  and  have  received disbursement from the fund as on December 15, 2017 are as under:-

| State       |   Number of AIF which have been committed funds under FFS |   Number of AIFs where drawdowns have commenced |
|-------------|-----------------------------------------------------------|-------------------------------------------------|
| Delhi       |                                                         2 |                                               1 |
| Karnataka   |                                                         7 |                                               6 |
| Maharashtra |                                                         7 |                                               4 |
| Tamilnadu   |                                                         1 |                                               1 |
| Telangana   |                                                         1 |                                               1 |
| TOTAL       |                                                        18 |                                              13 |

As per information compiled by SIDBI, state-wise number of Startups funded by these 13 AIFs so far are as under:-

| State          |   Number of Startups |
|----------------|----------------------|
| Delhi          |                    8 |
| Haryana        |                    6 |
| Karnataka      |                   28 |
| Madhya Pradesh |                    1 |
| Maharashtra    |                   23 |
| Rajasthan      |                    3 |
| Tamil Nadu     |                    1 |
| Telangana      |                    4 |
| Uttar Pradesh  |                    1 |
| West Bengal    |                    2 |
| Total          |                   77 |