Question

Risk capital foundation established by ______.

Options

• IDBI

• ICICI

• IFCI

Answer 1

Risk capital foundation established by IFCI.

Explanation:

• The Industrial Finance Corporation of India (IFCI) created the Risk Capital Foundation.
• It was established to support small and medium-sized businesses (SMEs) in India with equity and risk capital.
• The foundation supports companies with significant development potential but struggle to raise traditional sources of funding because of their increased risk.