Mission

"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. Current funds managed by SVCL are:

National Venture Fund for Software and Information Technology (NFSIT)   read more

• 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 Rs. 1 billion.
• SIDBI, Ministry of Information Technology (MIT), Govt. Of India and IDBI are the initial contributors to the fund.

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SME Growth Fund (SGF)    read more

• The fund is presently in the divestment stage.
• 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 Bank.
• It is a close ended 8 year fund dedicated to SME sector with a corpus of Rs. 5 billion. The Fund commenced its operations in 2004-2005.
• SME Growth Fund focuses at wide range of growth sectors, such as life sciences, retailing, light engineering, food processing, information technology, infrastructure related services, healthcare, logistics and distribution, etc.
• The main objective of the fund is to invest in companies at early stage as well as in second round financing for those with a track record of proven technology or business model and opportunities for growth and earnings.
• The fund would endeavour to develop international networking and enable assisted units to attract co-investment from international venture capitalists in subsequent rounds of financing.

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