Funds > Samridhi Fund

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.

Corpus 450 crore (approx.)
Investment Criteria The primary focus of the Fund will be to provide financial assistance by way of equity or equity linked instruments (like convertible debentures, preference shares etc.) to companies with developmental impact in 8 States of India viz., Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chattisgarh, Jharkhand, Rajasthan and West Bengal. Further, these companies shall:
  • Be economically viable
  • Provide access to markets for the poor
  • Be socially relevant and impact the poor as customers, producers or employees
  • Increase the flow of capital to the above mentioned states
  • Focus on Environment, Social and Governance matters.
Target Sectors
  • Investment in companies which are MSMEs.
  • Target sectors shall include, but not be limited to:
    • Water & Sanitation
    • Affordable Healthcare
    • Agriculture &Allied services
    • Clean Energy
    • Financial Inclusion (Includeing MFI’s)
    • Education
    • Skill Building, etc.
Investment Size (approx.) 5-25 crore
Term of the Fund 7 years

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