Banks are investing big time in venture capital

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds Illustration: Uttam Ghosh/Rediff.com Raising a new fund from......

SBI Venture eyes stake in pvt equity funds

SBI Venture, the newly floated subsidiary of the State Bank of India, is likely to pick up stake in a host of start-ups and private equity funds in the country.SBI Venture is a wholly owned......

Sidbi's SME fund invests in 2 firms

Small Industries Development Bank of India through its small and medium enterprise growth fund having a corpus of Rs 500 crore (Rs 5 billion) has taken equity exposure in two small SMEs......

Rs 500 cr venture fund for small cos soon

The Small Industries Development Bank of India will shortly launch a Rs 500 crore (Rs 5 billion) venture capital fund for small companies."Sidbi has identified venture capital as a thrust area for......