SIDBI

News and Trends

Avaana Capital Completes Final Close of USD 135 Mn Climate and Sustainability Fund

The fund is backed by Green Climate Fund (GCF), DFC, UKIDCF, SRI Fund, SIDBI, Azim Premji Trust, and corporate supporters, marking GCF's first direct investment in India.

Growth Strategies

Pioneering India's Tech Investment Landscape: IIMA Ventures

IIMA's investment thesis revolves around ideas for solving larger problems in the deep-tech, inclusive-tech, and climate-tech spaces at the earliest stages of their journey.

News and Trends

Green Climate Fund Grants SIDBI USD 215.6 Mn to Support Indian MSMEs' Climate Initiatives

The program aims to help micro, small, and medium enterprises (MSMEs) in India adopt low-emission and climate-resilient technologies, contributing to the country's Net Zero targets.

News and Trends

Sorin Investments Announces INR 1,350 Cr Early-Stage Maiden Fund Closure

The Mumbai-based VC firm is aiming to invest in startups looking to raise Series A and B funding across tech and tech-enabled business sectors.

News and Trends

SIDBI Secures USD 120 Mn for First Green Climate Fund Project

The Avaana Sustainability Fund Project is a step toward SIDBI's goal of using green and climate finance to significantly alter the world while promoting India's Nationally Determined Contributions.

News and Trends

SIDBI Secures First Green Climate Fund Project

This project marks the success of first project anchored by SIDBI including first secured for India in the past few years by an Indian Accredited Entity.

News and Trends

SIDBI To Raise INR 10,000 Crore To Expand Equity Capital

As per reports, the central government owns 20.8% in Sidbi, while State Bank of India holds 15.65% and Life Insurance Corporation 13.33%

News and Trends

Anicut Equity Fund Receives Investment of INR 50 Crore From SIDBI FFS Initiative

The Fund of Funds for Startups (FFS) is an INR 10,000 crore initiative launched under the Startup India Initiative of the Government of India in January 2015

News and Trends

GAME And SIDBI To Launch NBFC Growth Accelerator Program For MSMEs

The first phase of the program involves design of a comprehensive, actionable, granular report with the programme structure, piloting strategy, and implementation plan for NGAP by GAME

News and Trends

Credit Fintechs Clocked Highest Growth Among Lenders in 2019: Report

As per a joint report by Equifax and SIDBI, portfolio outstanding of fintech companies has grown by 92 per cent from Dec'18 to Dec'19, the highest growth rate compared to other lender types

News and Trends

MSMEs Optimistic on Employment but Crestfallen About the Broader Economic Outlook

"MSMEs can't decouple from the broader economic trends," states SIDBI Chairman & Managing Director Mohammad Mustafa

Finance

Move Beyond the VCs for Funds

The government of India is providing alternatives to funding for start-ups