Samriddhi Fund

Investor type

VC

Founded

1999

AUM

-

Location

India

$1-5 m

Investment Ticket

3-5 years

Investment Horizon

Seed

Investment Stage

Sale to strategic investor, IPO

Exit Strategy

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.

Industry

Agriculture Consumer Services (B2C) Education Financial Services Food and Beverage Healthcare Services Other

Region of investment

Asia

Contacts

Upgrade to see contacts
Name
Title
Email
If there are no contacts of this investor, please write to us, we will try to find them as soon as possible and get back to you!