SBICAP Ventures Ltd. is an alternative asset manager based in India and is a wholly owned subsidiary of SBI Capital Markets Limited. It manages the Neev Fund.


Manav Bansal – CIO
Manav has been a private equity investor and investment banker for 20 years in Infrastructure, healthcare and technology.
Since 2013, Manav headed India operations for Brightlink Partners, Inc – an investment and advisory firm headed out of Tokyo, Japan and focusing on Indo-Japan investment in India and Asia.
From 2014 for two years, Manav was also a Partner at Brescon – a shop specializing in special situation asset advisory.

Earlier from 2006, Manav was the founding member of Macquarie’s infrastructure team in India which raised c. US1.2bn fund in partnership with IFC Washington and State Bank of India. Located in and heading the New Delhi office, Manav was the face of Macquarie to the government – leading consultations with line ministries and the Finance Ministry. Subsequently, as Director at SNC Lavalin India Infra fund (a subsidiary of Canada based SNC Lavalin), Manav originated and concluded private equity investment in road assetco and was helping to raise an India focused fund that had soft commitments of over US$ 200mn.
Manav has also worked at advisory/corporate finance at PwC and KPMG leading initiatives for corporate advisory, privatization, cross-border M&A, and policy advisory to the governments.
He is an MBA with graduate degree in engineering.

Akshay Panth, Principal Investment Officer
Akshay – Akshay has over 13 years experience in Private Equity, Principal Investments and Advisory roles with leading domestic and international investors. He started his career with the India Infrastructure Fund (a c.US$1Bn Infrastructure Fund managed by IDFC Alternatives) and has since worked with multiple private equity and principal investors. His previous experience includes working with CapAleph Private Equity, GMR Infrastructure, and MAPE Advisory Group.

At CapAleph, Akshay handled the Infrastructure Support Services and Education & Skill Development segments for the Fund. At GMR Infrastructure, Akshay was part of the Project Finance team working on the road sector where he submitted multiple bids to the NHAI. He has been part of teams that have invested over US$100Mn in the Indian infrastructure space.

Akshay holds a PGDM/MBA from the Indian Institute of Management, Lucknow and a Bachelor of Commerce degree from Bangalore University

Ashwin Suresh, Investment Associate
Ashwin has 7 years of experience in the financial services space working with Citi investment banking, Matrix Partners VC fund and TVS Infrastructure. He has been involved in many M&A and capital raising exercises in his previous stints.
Education: MBA from IIM Ahmedabad and BE (Electronics) from Pune University.

Abhishek Soni – Investment associate
“Abhishek has 4 years of work experience in the financial services and infrastructure space with EY investment banking & infrastructure services, and Vikram Solar. He has worked on transactions in the waste management, hospitality, logistics & warehousing and real estate space.
He has also pursued the Indian Chartered Accountancy and CFA (USA) course.
Education: MBA/PGDM from IIM Calcutta and BBA (Hons.) from St. Xavier’s College, Calcutta.”

Jai Shah, Investment Associate

Jai has over 10 years of experience across Fund Management, Strategic Advisory, Equity Research and Investment Banking working with Kitara Capital, AltFort Capital

He has executed various deals in the Private Equity and Investment Banking space

He has been also involved fund raising, fund formation and strategic advisory roles

Jai holds a bachelor’s degree in Commerce and is a MBA in Finance from Xavier Institute of Management and Research

Kirti Saruparia, Chief Financial Officer

Kirti has over 9 years of post-qualification experience in auditing, tax planning and preparation and presentation of Financial Statements. She has worked with Ernst and Young as an auditor prior to joining SBICAP Ventures Limited.

Education: Chartered Accountant (ICAI), Company Secretary (ICSI), DISA(ICAI), NET (UGC), M. Com

Anjana Seshadri, ESG Officer

Anjana has more than 12 years of experience in the field of sustainability, ESG and impact measurement.

She leads the portfolio for ESG due-diligences, ESG actions and review, technical assistance, capacity building and programme results & monitoring.

In addition to an important ESG compliance function, she plays a key role in delivering additional value from systemic improvements across the portfolio. Prior to her role at the fund, she was leading the sustainability programme at IndusInd Bank.

She holds a Masters in Planning with specialisation in Environment from School of Planning & Architecture and a Bachelors in Architecture.

Preeti Patle

Ms. Preeti Patle is the Office Manager for the Investment Manager and joined SVL in August 2017. Preeti has around two decades of work experience in the hospitality, power and the Investments/Financial Services sector as an HR & Admin professional. She is B.A. graduate and an M.B.A. in HR from Mumbai University.

Prior to joining SVL, she was working with different group companies of the Patni Group