Venture Funds are recognized globally as the most suitable form of providing risk capital to innovative and high technology businesses. In order to meet the venture capital needs of SME units and enable them to achieve rapid growth by taking advantage of opportunities in the emerging sectors, SIDBI Venture Capital Ltd. has set up SME GROWTH FUND. The fund has a targeted corpus of
₹500 crore with a life of 8 years.
SME GROWTH FUND is registered with Securities and Exchange Board of India (SEBI) as a Venture Capital Fund and has been structured as a unit scheme to make primarily equity or equity-related investments in the growth oriented businesses having significant business activity in India. The Fund seeks to achieve attractive risk-adjusted returns for its contributors through long-term capital appreciation.
The fund is fully invested and is presently in the divestment stage.
Flash is a leading manufacturer of two / three wheeler automotive electronics and electricals. It is a trusted supplier to major Indian two / three wheeler manufacturers; with its strengths lying in areas including electronics for two & three wheelers, A.C. generators, magnetos, starter motors, electronic energy meters,etc.
Fourcee Infrastructure Equipments Pvt. Ltd is a Mumbai-based multimodal liquid cargo logistics company. The Company is into the business of movement of liquids mainly Non Petroleum oil and Lubricants (Non-POL) like fatty acid, crude palm oil, molasses, chemicals etc. on rail in containers hitherto moving on road in tank containers.
Shriram Foundry Ltd. (SFL) is part of Kolhapur based Zanvar group.SFL is a manufacturer of graded cast iron (C.I.) as well as spheroidal & compacted graphite (S.G.) iron auto components. It manufactures automotive components like brake drums, fly wheels, exhaust manifolds, brake discs, pressure plates, brake hubs, oil cooler covers, housings & other tractor components.
Dynaspede Integrated Systems, a pioneer in the convergence market space. It offers a range of information appliances that brings together the power of Computing, Communication, and Entertainment in its products like Digital signal Manager, Desktop Console, Intelligent TV. IP Set Top Box.
Powercon is an ISO 9001-2000 compliant integrated manufacturer of high current controlled rectifiers and high voltage rectifiers, with its core strength lying in design and engineering. It has several thousand installations across the globe for applications ranging from metal finishing, battery formation, chlorination/ hydro generation to water treatment, electrowinning processes, etc., as well as for Electrostatic Precipitators (ESPs) in thermal power, steel, paper and cement plants.
Prateek Apparels Limited is one of leading contract manufacturers for apparel. Prateek has now also ventured into the retail space, and has started by rolling out large format value fashion malls called Coupon, catering to the best national and international brands at a discount.