Profile

The Samridhi Fund is an approx. ₹430 crore social venture capital fund set up with contributions from Department for International Development (DFID), Small Industries Development Bank of India (SIDBI), Life Insurance Corporation of India (LIC) and United India Insurance Company Limited (UIIC). The primary objective of the Fund is to provide risk capital to scalable enterprises which provide economic, social or environmental benefits to the poor in eight low income sates of India, while achieving attractive risk-adjusted returns through long term capital appreciation. It is being managed by SIDBI Venture Capital Limited (SVCL), a subsidiary of SIDBI.