SBICAP Ventures Limited (SVL) is a leading alternative asset management company with assets under management of around INR 33,055 Cr (US$ 4.03 bn). We manage funds that are diverse in nature, cutting across various sectors. Our expertise comes from managing scale as we have some of the largest Funds and Fund of Funds (FOF) in our platform; at the same time housing impact focused funds that have a special focus on ESG and a mission to sustainably grow the SME ecosystem in India. As a part of the SBI Group, our leadership, experience, knowledge, and talent has attracted some of the leading Indian and Global investors therefore making us unique in our business. Our constant endeavor is to excel in our efforts thereby creating long term value for our investors and supporting the communities in which we operate.
SVL is currently the Investment Manager for (i) Neev Fund (ii) Neev II (SME Fund) and (iii) SWAMIH Fund and Fund of Funds (SRI Fund & UKIDCF).
Neev Fund I was conceptualized and launched in 2015 by Prime Minister of India Mr.Narendra Modi and the then Prime Minister of United Kingdom Mr.David Cameron.
SWAMIH INVESTMENT FUND I Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects.
Neev Fund II, the successor fund of Neev I, was launched in May 2021 and seeks to provide growth and capital expansion
UK India Development Cooperation Fund is focused on achieving UK-India development cooperation objectives as identified in the UK-India 2030 Roadmap.
In line with the vision of Prime Minister of India Mr.Narendra Modi, the Finance Minister, announced creation of a Fund of Funds (FoF) for Micro, Small and Medium Enterprises (MSMEs)..
SBICAP Ventures has signed a MoU with Ministry of External Affairs (MEA), India, for the establishment of the Trilateral Development Cooperation Fund (TDC Fund).