| 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. 200 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 |
| 7. | 2024-25 | 36.73 |
| Total | 190.00 |
|
| *Contribution / Commitment received from IFCI Venture Capital Funds Ltd (Subsidiary of IFCI Ltd, Government of India Undertaking) |
Rs. 10.00 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) |
