Which of the following points is/are "correct" with respect to the step taken by the Small Industries Development Bank of India (SIDBI) in August 2023?
A) SIDBI, partnered with the Centre for Innovation, Incubation and Entrepreneurship (CIIE.CO), Indian Institutes of Management (IIM) Ahmedabad, Gujarat (IIM-A)'s startup incubator and investor, to set up a SIDBI Accelerator Fund, at IIMA's CIIE.CO.
B) SIDBI and IIMA's CIIE.CO jointly established the fund with a total corpus of Rs.40 crore in which SIDBI is contributing Rs.20 crore to the fund and CIIE.CO is contributing the remaining.
C) SIDBI has participated as an anchor investor in the Promising Lenders Fund (PLF) managed by Vivriti Asset Management Private Limited (VAM) with an aggregate target corpus of Rs. 700 crore in two tranches.
1
Only A
2
Only A & B
3
Only B & C
4
Only A & C
5
All A, B & C