July 19th, 2018Bharat Innovation Fund (BIF), an early stage deep-tech and intellectual property (IP) focused venture has announced the first close of its $100 million fund.
The venture has received the first close of the fund at approximately $50 million with secured commitments from institutional investors such as corporates, banks, insurers, and...
April 9th, 2018India's enterprise capital business has been urged to submit a white paper with policy recommendations to regulators that could help in addressing issues raised by stakeholders within the startup landscape. Indian Private Equity and Venture Capital Association (IVCA) is a nodal body designated for Risk capital sector in India.
The...
October 7th, 2016Life Insurance Corporation of India and other pension funds "must step in" to fund startups, Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said on Friday. "LIC and other pension funds must step in... definitely that money needs to be leveraged," Abhishek said here at the India Economic Summit,...
July 14th, 2016The Small Industries Development Bank of India (Sidbi) has chosen eight venture funds to invest instartups as defined under the Startup India Action Plan and will support them with a corpus amount of Rs 428 crore as per a report by ET
Sidbi's Venture Capital Investment Committee (VCIC), which comprises former Infosys CFO...
July 11th, 2016The Small Industries Development Bank of India (Sidbi) is set to review ten proposals from alternative investment funds seeking a commitment of Rs 675 crore from the Fund of Funds for Startups (FFS) announced by PM Modi in the Startup India Action Plan.
The Venture Capital Investment Committee of Sidbi, that includes former Infosys...
June 24th, 2016With the Centre approving Rs 10,000 crore Fund of Funds for Startups, the Small Industries Development Bank of India (SIDBI) has ramped up its start-up funding operations to boost the sector.
"SIDBI has ramped up the start-up funding operations to boost Start-up India initiative with the launch of funds like unique India Aspiration Fund...
April 24th, 2016The Small Industries Development Bank of India (SIDBI) has sanctioned Rs Rs 1,416 crore crore to 30 venture funds through the government-financed India Aspiration Fund, which seeks to support startups in their early stages.
Earlier this month, SIDBI signed a memorandum of understanding with Life Insurance Corporation of India under...
