| Name of the Scheme |
Venture Capital Fund for Backward Classes |
| Launch Date of the Scheme |
April 2018 (Operationalised from October 2019 onwards) |
| Total Corpus of the Fund |
Rs.158.85 Crore |
| Contribution received from MOSJ&E (Government of India) |
| Sl. No. |
Year |
Amount (Rs. in Crore) |
| 1. |
2018-19 |
10.00 |
| 2. |
2019-20 |
90.79 |
| 3. |
2020-21 |
1.84 |
| 4. |
2021-22 |
23.79 |
| 5. |
2022-23 |
13.16 |
| 6. |
2023-24 |
13.69 |
| |
Total |
153.27 |
|
| *Contribution / Commitment received from IFCI Venture Capital Funds Ltd (Subsidiary of IFCI Ltd, Government of India Undertaking) |
Rs.5.58 Crore |
| Structure of the Fund |
AIF Category II - SEBI Registered Trust Fund |
| Implementing Agency |
Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment, Government of India. |
| Investment Manager of the Fund |
IFCI Venture Capital Funds Ltd |
| Trustee of the fund |
Vistra ITCL (India) Ltd (Formerly IL&FS Trust Company Ltd) |
| Settlor of the fund |
IFCI Ltd (A Government of India Undertaking) |
