Chat with AI Agent

SCHEME

Fund of Funds

Empowering Kerala’s startups through strategic capital deployment via professionally managed AIFs.

hero

Scheme

Overview

The Fund of Funds is designed to strengthen Kerala’s startup investment ecosystem by enabling the flow of capital into professionally managed venture capital funds. Under the scheme, KSUM participates as a Limited Partner in SEBI-registered Alternative Investment Funds (AIFs), which in turn invest in startups based in or operating from Kerala.

Launched in 2018, the Fund of Funds has grown into a cornerstone of the state’s investment framework and has partnered with 16 venture capital funds to date. The initiative has successfully catalyzed significant private and institutional capital, resulting in a substantial increase in investments flowing into Kerala-based startups. By deepening institutional participation and crowding in private capital, the FoF program supports the long-term, sustainable growth of Kerala’s startup ecosystem and strengthens its position as a leading startup destination in India.

Benefits

Professional capital deployment through experienced fund managers
Risk diversification across portfolios
Long-term ecosystem development through sustained fund participation

ELIGIBILITY

Eligibility Criteria

Whatever cardigan tote bag tumblr hexagon brooklyn asymmetrical gentrify, subway tile poke farm-to-table.

SEBI-registered Alternative Investment Funds (Category I & II)
Fund managers with an active or proposed investment strategy aligned with startups based in Kerala
Institutional and professional fund management entities

PROCESS

Process of Scheme

Whatever cardigan tote bag tumblr hexagon brooklyn asymmetrical gentrify, subway tile poke farm-to-table.

FAQ

Have Questions ?

Whatever cardigan tote bag tumblr hexagon brooklyn asymmetrical gentrify, subway tile poke farm-to-table.

No. The Fund of Funds invests as a Limited Partner in SEBI-registered AIFs, which then invest directly in startups.

The Fund of Funds is sector-agnostic, allowing flexibility for funds with diversified or thematic investment strategies.

Calls for proposals are issued periodically and published through official channels.

SEBI-registered Category I and Category II AIFs are eligible, subject to meeting the program’s criteria.

Funds are expected to have a clear focus on investing in startups based in Kerala

CONTACT

Get in touch with our
Scheme Manager

Whatever cardigan tote bag tumblr hexagon brooklyn asymmetrical gentrify, subway tile poke farm-to-table

M Fasil

08047180470

fof-rfp@startupmission.in

Connect
Join Us & Grow You Startup
Join a thriving ecosystem of opportunities, partnerships, and support designed to help your startup grow and succeed.
Contact Us
Kerala Startup Mission, G3B,
Thejaswini, Technopark, Trivandrum
08047180470
8:00 AM - 8:00 PM
info@startupmission.in
Grievance Redressal Mechanism
Copyright © 2026Kerala Startup Mission. All rights reserved