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Reports name /title Funding scheme detail
Report was generated on 28 Apr 2024 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20160113101619
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
SAMRIDHI Fund
OrganizationSIDBI Venture Capital Limited
Source of fundingNon-Government
SchemeSAMRIDHI Fund
Type of fundingEquity
Funding Amount250000000
DescriptionInvestment size Rs. 5 cr to Rs. 25 cr.
Range of fundingMore than Rs 10 crore
Target investeesCompanies with developmental impact in 8 States of India viz., Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chattisgarh, Jharkhand, Rajasthan and West Bengal.
Note
PurposeThe primary focus of the Fund will be to provide financial assistance by way of equity or equity linked instruments (like convertible debentures, preference shares etc.) to companies with developmental impact in 8 States of India viz., Bihar, Uttar Pradesh, Madhya Pradesh, Odisha, Chattisgarh, Jharkhand, Rajasthan and West Bengal.
Focus areaMultiple focus areas
Provides Funds For A, B, C, D, E,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusDead/dormant scheme
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