Article · Scheme page

Credit Guarantee Scheme for Startups (CGSS)

Startup India · startupindia.gov.in Free Intermediate India

The official page for CGSS, which guarantees loans, venture debt and working capital given to DPIIT-recognised startups by banks, NBFCs and SEBI-registered venture debt funds, through NCGTC.

  • Maximum cover is Rs 20 crore per borrower, raised from Rs 10 crore.
  • Cover is 85% of the amount in default for loans up to Rs 10 crore and 75% above that.
  • The startup does not apply directly; the lender takes the cover through NCGTC.
Open on startupindia.gov.in ↗

The question it answers

  1. What's venture debt, and when should I take it instead of - or alongside - equity?

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