Venture Arm of SBI Capital Launches ₹400 Cr Fund Focused on SMEs

SBICAP Ventures Ltd (SVL), an alternative asset manager and a wholly owned subsidiary of State Bank of India?s SBI Capital Markets Ltd, is seeking to raise a corpus of ?400 crore for SME Fund to address the equity gap in the Small & Medium Enterprises (SME) sector in India. While the gap in debt funding to SMEs is