The Startup India project by the Narendra Modi led government can be another option to raise funds for your business. As part of this initiative, the government of India has set up a Fund of Funds with a total corpus of Rs 10,000 crore ($1.6 billion) to empower startups and build a robust ecosystem by nurturing them to grow through innovation and design. This money is disbursed via the Small Industries Development Bank of India (SIDBI).
Download document containing all the Funds of Fund Scheme Run by the Govt. with their Corpus Amount.