(unit scheme of Assam Laghu Vikas Trust)
Category | SEBI registration number | Name of the Fund Manager | Email id of the Fund | |
---|---|---|---|---|
Category I AIF – Venture Capital Fund | IN/AIF1/22-23/1116 | SIDBI Venture Capital Limited | assamvcf@sidbiventure.co.in | assamvcf @sidbiventure .co.in |
Assam Start-up Venture Capital Fund is the 1st Scheme of Assam Laghu Vikas Trust, a close ended fund registered with Securities and
Exchange Board of India (SEBI) in August 2022, as a Category I AIF - Venture Capital Fund. Its objective is to invest in scalable
business ventures including innovative business model or new products and technologies in start-ups, early and growth stage MSMEs
based in the state of Assam. The fund is sponsored by SIDBI. The Investment Strategy will involve investing in manufacturing and
services start-ups which have the potential to become leaders in their respective industry segment.
Assam Start-up Venture Capital Fund is looking for investment in enterprises offering potential for attractive growth and earnings. Indicative investment criteria are -
Assam Start-up Venture Capital Fund would invest primarily by way of investments in privately negotiated equity and / or convertible instruments in unlisted companies. It shall also endeavor to provide mentoring support and other value additions to enable the investee companies achieve rapid growth and achieve / maintain their competitive edge in international markets.
The Fund will seek standard venture capital rights as an investor.
Contact us:
SIDBI Venture Capital Limited
C/o Small Industries Development Bank of India
3rd Floor, Shreeji Tower,
Christian Basti,
G. S. Road,
Guwahati – 781005
Mob.: +91 73039 80297
Email: assamvcf@sidbiventure.co.in
Zerund Manufacturing Private Limited (ZMPL) is an Assam based company engaged in the business of manufacturing and selling ecofriendly lightweight, cost-effective, and crack-resistant bricks made from plastic waste, fly ash, cement and gypsum under its brand “Zerund”.