Venture Capital by SIDBI Venture Capital Ltd. (SVLC) |
Organization | Small Industries Development Bank of India (SIDBI) |
Source of funding | Government |
Scheme | Venture Capital by SIDBI Venture Capital Ltd. (SVLC) |
Type of funding | |
Funding Amount | 50000000 |
Description | The scale of support is between INR 5 to INR 25 Crore in form of equity and convertible instrument payable after 7 years. |
Range of funding | Rs 2 crore to Rs 10 crore |
Target investees | MSME/Startup |
Note | SVCL invests in companies engaged in wide range of growth sectors, such as life sciences, retailing, light engineering, food processing, information technology, infrastructure related services, healthcare, logistics and distribution, etc in the MSME sector. The Company should have high growth potential so that it can scale up sufficiently within 3 - 5 years of investment so as to provide a profitable exit to investors by way an IPO, Strategic Sale, Mergers & Acquisition, etc. |
Purpose | The objective of the scheme is to work for best returns by investing in deserving entrepreneurial teams using a combination of capital, strategic mentoring, skills and our vast network of relationships. Under this scheme Investment is made by way of equity and equity type instruments |
Focus area | |
Provides Funds For | A, B, C, D, E, |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |