SVL is a specialist alternative assets manager based in India. SVL is a wholly owned subsidiary of SBI Capital Markets Limited, which is in turn a wholly owned subsidiary of State Bank of India, the largest public sector financial services group of India.

SVL has been driving entrepreneurship in India for over two years, both as a partner and capital provider for individuals with a clear common objective, the passion to pursue business ideas in the quest for creating value for all stakeholders and for the larger good of the target states of India. SVL is managing Neev Fund. SVL continues to remain committed to this mission.
SBICAP Ventures Limited has launched an Infrastructure Fund and shall also act as Investment Manager and Sponsor to NEEV Fund which has received commitment of INR equivalent of GBP 36 mn from Department of International Development (DFID), United Kingdom. SVL has also committed INR equivalent of USD 10 mn , State Bank of India has also committed Rs 60 crore subject to overall cap of 10% of fund size.

The Fund will primarily invest in 8 low income states/developing states in India (viz. Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa, Rajasthan, Uttar Pradesh and West Bengal) and shall be focused on infrastructure sub-sectors such as urban infrastructure (e.g. water and sanitation, solid waste management etc.), renewable energy (e.g. solar, wind, hydro, bio-mass energy, etc.), agricultural supply chain (e.g. warehouses, cold storages etc.) and state/district roads.

SVL has played a key role in establishing the foundation for several new age businesses in India, by providing growth capital funding to companies infrastructure sphere in target 8 states of India.