Venture fund
SVL-SME Fund
- Capital type
- Equity
- Provider
- EIB
- Target
- SMEScale-upGrowth
About
SVL-SME Fund (Neev II Fund), the successor fund of Neev I, announced its Initial Closing in June 2021 and seeks to provide growth and capital expansion to SMEs offering solutions for clean energy, electric vehicles, efficient use of raw materials, and water and circular economy projects in the country. The SME space is one of the largest employment generators in India, and has the ability to generate a multiplier effect in terms of increased standards of living, better livelihoods and access to clean energy to large sections of society is tremendously high.
Programmes
- EIB
Sector focus
- Environment
Capital stack
- equity