"To catalyse entrepreneurship by providing capital and other strategic
inputs for building businesses around growth opportunities and maximize returns
on investment "
SIDBI Venture Capital Limited
(SVCL) is a wholly owned subsidiary of SIDBI, incorporated in July 1999. Funds managed
by SVCL are:
Fund for Software and Information Technology (NFSIT) read
- The National Venture
Fund for Software and Information Technology Industry (NFSIT) has been set up by
Small Industries Development Bank of India (SIDBI) in association
with Ministry of Information Technology (MIT), Govt. of India during 1999-2000.
- It is a close ended
10 year fund with a corpus of
- SIDBI, Ministry of Information Technology (MIT),
Govt. Of India and
IDBI are the initial contributors to the fund.
- The fund is almost fully
SME Growth Fund
(SGF) read more
- The SME Growth Fund
(SGF) has been set up by Small Industries Development Bank of India (SIDBI) in association with other leading commercial banks
such as Punjab National Bank, State Bank of India, Bank of Baroda, Bank of India,
Central Bank of India, Union Bank of India, Oriental Bank of Commerce and Corporation
- It is a close ended
8 year fund dedicated to SME sector with a corpus of
5 billion. The Fund commenced its operations
- The fund is presently
in the divestment stage.
Fund (IOF) read more
- India Opportunities
Fund is close ended fund with a life of 10 years established in August 2011.
- The contributors of
IOF include leading Indian Public Sector Banks and Insurance Companies.
- IOF is a sector agnostic
fund focused mainly on growth capital needs of India’s growing and unlisted MSMEs
operating in emerging sectors such as light engineering, clean-tech, agro-based
industries, logistics, infrastructure, educational services, IT/ITES etc.
Samridhi Fund (SF)
- The Department for International
Development (DFID), United Kingdom, in association with Small Industries Development
Bank of India (SIDBI), has envisaged the creation of the Samridhi Fund to provide
capital to social enterprises which can deliver both financial and social returns,
in Bihar, Uttar Pradesh, Madhya Pradesh, Orissa, Chattisgarh, Jharkhand, Rajasthan
and West Bengal
- Samridhi Fund is close
ended fund with a life of 7 years and had its initial closing on June 18, 2013.
- Target sectors shall
include, but not be limited to:
- Water & Sanitation
- Affordable Healthcare
- Agriculture &Allied services
- Clean Energy
- Financial Inclusion
- Skill Building, etc.
TEX Fund (TF)
- TEX Fund is a close ended fund with a life of 7 years established in June 2014. The initial contributors of TEX Fund are Government of India, Ministry of Textiles (MoT) and SIDBI. The primary objective of the fund is to contribute to the development of the powerloom and related textile sectors.
- The TEX Fund’s investment focus will be early and growth stage investments in Small Enterprises, as defined under the MSMED Act, 2006, and as amended from time to time. Each investment will be limited to 3 crore.
- The Fund shall look for investing in companies involved in new and emerging fields in the textile industry and allied products and services.
- The TEX Fund would inter alia invest in areas such as development of textile production machinery and automation, technical textiles for various applications, coated textiles, textiles for defence applications, sportswear, weaving and processing. Related products and services such as chemicals and materials also offer scope for venture investment. Innovative marketing is an area which could add value to the country’s textile products.
Maharashtra State Social Venture Fund (MS Fund)
- Maharashtra State Social Venture Fund (“MS Fund”), an Alternative Investment Fund (“AIF”), was established on September 15, 2015 as a close ended unit scheme of Maharashtra Laghu Vikas Trust (“Trust”). SIDBI Venture Capital Limited (“SVCL/Investment Manager”) is the Investment Manager and SIDBI Trustee Company Limited (“STCL/Trustee”) is the sole Trustee of MS Fund.
- The Fund announced its Initial Closing on January 04, 2016. The tenure of the Fund is 7 years. The Fund is registered with Securities & Exchange Board of India (SEBI) under the SEBI (AIF) Regulations, 2012 as a Category-I AIF under the sub category of Social Venture Fund.
- The primary investment focus of MS Fund is to identify and invest in profitable and scalable business ventures including innovative business model or new products & technologies which would have potential to provide social benefits (economic and/or societal and/or environmental) to the people of Maharashtra.
West Bengal MSME VC Fund (WB Fund)
- West Bengal MSME VC Fund (WB Fund) is a close ended fund with a life of 6 years established in November 2015. The Fund is registered with Securities & Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012 as a Category-I Venture Capital Fund.
- The WB Fund investment focus is to invest in start-ups, emerging or early growth stage investments in West Bengal MSMEs both manufacturing and services. The Fund is sector agnostic, however, preference will be given to MSMEs promoted by women entrepreneurs. Each investment will be limited to 9 crore. The fund looks for investing in companies with innovative business model or new products and technologies which have potential to bring superior value proposition in India and globally to the customers and clients and high growth in earnings and profitability.