SVCL

SIDBI Venture Capital Limited (SVCL), a wholly owned subsidiary of SIDBI,was set up in July, 1999 as an Investment Management Company for managing Venture Capital Funds (VCFs). Since inception, SVCL has continued to provide growth capital to deserving and profitable MSEs across diversified sectors. Currently, SVCL is a prominent Investment Manager for seven funds with a total corpus of INR 1,927 crore.The funds managed by SVCL have been instrumental in generating a valuable growth momentum among key sectors of the economy.

Impact of SVCL:

  • SVCL managed funds have assisted MSEs in various sectors like manufacturing, technology, services, etc.
  • SVCL has led the path by being the first investor in most of its investee companies or a sector, making way for other funds to follow and assist development of a successful investees and a fast growing sector.
  • Most of SVCL funds have significant focus on manufacturing businesses which are generally starved for equity capital.
  • Samridhi fund was the first social impact fund under the new AIF guidelines. It has assisted companies in diverse sectors like financial inclusion, healthcare, drinking water, organic food, etc.
  • Several companies in which SVCL’s Funds have been invested have grown to respectable sizes and provided employment to more than 10,000 persons.
  • Through Samridhi Fund, SVCL has invested in 4 MFIs. One of them has transformed into a Small Finance Bank (SFB) and another MFI is in the process of transforming into an SFB. These entities have helped financial inclusion, especially of rural poor women in multiple geographical locations.
  • With a track record of over 100 investments and 49 exits so far, SVCL has made remarkable contributions towards the growth of traditional sectors like manufacturing and textiles while also pioneering the wave of new technology enabled start-ups, social enterprises, women entrepreneurs and innovative products and services enterprises across healthcare, logistics, education, water etc.

For more details kindly visit http://www.sidbiventure.co.in