Neev Fund II (SBICap Ventures)

Venture Capital

Neev Fund II is an SME-focused private equity fund managed by SBI Ventures Limited (formerly SBICAP Ventures Ltd.), a wholly owned subsidiary of SBI Capital Markets (State Bank of India). Launched in May 2021, the fund invests in climate-tech, clean energy, circular economy, and sustainable agriculture SMEs across India, targeting high-growth companies that contribute to UN Sustainable Development Goals.

Mumbai, India · 1+ investments

Growth
circular economy
clean energy
climate tech
impact investing
sustainable agriculture
Headquarters
Mumbai, India
Founded
2021
AUM
$100.0M
Total Investment
1
Last Investment
Jan 2024
Geographic Focus
India

Investment Thesis

Provide equity and quasi-equity growth capital to Indian SMEs delivering climate-tech and environmental solutions, building on Neev Fund I's development-finance mandate for underserved sectors.

Neev Fund II (SBICap Ventures) is a Venture Capital firm based in Mumbai, India. It has made 1 investment in circular economy and clean energy.

Investment History

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