Recruitment for the post of AVP and Manager
(on contract basis)

SIDBI Venture Capital Limited (SVCL) (www.sidbiventure.co.in), a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI) with offices in Mumbai, Lucknow and New Delhi has established itself as the leading domestic Venture Capital Investment Manager for early stage and growth stage investing, particularly for MSMEs across diversified sectors.

SVCL has operationalized its Social Venture Fund viz. Samridhi Fund (SF). SF aims to provide capital to social enterprises which can deliver both financial returns and positive social impact, in Bihar, Uttar Pradesh, Madhya Pradesh, Orissa, Chattisgarh, Jharkhand, Rajasthan and West Bengal.

AVP - Samridhi Fund (on contract basis)

SVCL is looking for an experienced professional (with atleast 5 years of work experience) for the position of AVP- Samridhi Fund (on contract basis). He / She would have responsibility for analysing project viability, preparation of detailed appraisal memorandum, monitoring portfolio companies, carrying out due diligence, handling investor communication etc. The candidate should have relevant work experience in one or more areas viz., impact investing, Venture Capital, Private Equity, Investment Banking, early stage financing, advisory services, credit appraisal, credit rating etc. and should have a passion for improving the livelihood of the people in the bottom of the pyramid segment through income generating activities.

The candidate should ideally have -

  • Capability to identify potentially successful business ventures and ability to analyse project viability (both technically and commercially).
  • Capability to monitor portfolio companies through stringent analysis of financial and operational results of target companies.
  • Identify new business opportunities, carry out due diligence, structure and execute investments matching the investment objectives.
  • Knowledge of multiple industry sectors with proven capability to add value to investments, take investee companies on a high growth path.
  • Prepare, present, and maintain detailed investment documentation for the Fund's Investment Committee, Board of Directors and investors.
  • Work with the team on key metrics to measure the social and financial returns on investments.
  • Understanding of the valuation methodologies (as per international norms) and assuming responsibility for fund valuation and profitable exits.
  • Familiarity with GIIN's (Global Impact Investing Network) monitoring framework IRIS for monitoring of the performance of the Fund would be desirable.
  • Fluency in English and Hindi and excellent networking and written communication skills.

Manager - Samridhi Fund (on contract basis)

The candidate should ideally have -

  • at least 3-4 years of work experience in impact investing, Venture Capital, Private Equity, Investment Banking, early stage financing, advisory services, credit appraisal, credit rating etc. and should have a passion for improving the livelihood of the people in the bottom of the pyramid segment through income generating activities.
  • fluency in English and Hindi and excellent networking and written communication skills.

The candidates for above 2 positions should be atleast B.E / B.Tech /CAs / MBAs and should not be more than 35 years of age.

The appointment for the above 2 positions shall be initially for a period of 5 years subject to renewal by mutual consent. The remuneration is negotiable and would be on a Cost to Company basis. No residential accommodation will be provided by SVCL. The place of posting could be at Lucknow or New Delhi or any other location as may be decided by SVCL.

The Company offers a challenging work environment. Professionals with proven track record of high performance and potential may write in strict confidence with detailed CV together with present and expected CTC. Reservation / Relaxation would be given to candidates falling under the reserved category (SC/ST/OBC) provided such candidates apply under such category. The applications need to be forwarded to SVCL as per format provided here - "Resume Format" on or before October 21, 2013 by e-mail to info@sidbiventure.co.in with the subject "Application for the post of AVP - Samridhi Fund" (on contract basis) or "Application for the post of Manager - Samridhi Fund" (on contract basis) as the case may be addressed to-

MD & CEO,
SIDBI Venture Capital Limited,
Ground Floor, MSME Development Centre,
C-11, G Block,
Bandra Kurla Complex,
Bandra East, Mumbai - 400 051.