When the Startup India Seed Fund Scheme ("SISFS") was introduced in 2021, it was launched with a corpus of Rs. 945 crore. In the recent past, approximately Rs. 611 crore were allocated to incubators, out of which, Rs. 61 crore have been released for startups that come under the SISFS. Subsequently, there are several parameters for selection of incubators and startups, following which the guidelines for disbursement of seed fund to startups under the SISFS needs to be adhered to.