STATE BANK OF INDIA (SBI)
Having a rich heritage and legacy of over 200 years, State Bank of India (SBI), a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai and is accredited as the most trusted Bank by Indians through generations. Through its 30 subsidiaries and 9 joint ventures, it is the dominant banking and financial services group in India; SBI is the largest bank in India and has a 23% market share in assets and approx. One-fourth of the total loans and deposits market. The majority shareholding in the bank is with the Government of India. It has spread its presence globally and operates across time zones in 31 foreign countries.
SBICAP Ventures Limited (SVL)
SBICAP Ventures Limited (“SVL”) is a wholly owned subsidiary of SBI Capital Markets Limited (“SBICAP”) SVL which was incorporated in November 2005 for carrying on venture capital fund activities i.e. to act as an asset management company for venture capital funds. SVL is the Sponsor and the Investment Manager of the Neev Fund.
Foreign, Commonwealth & Development Office, Govt. of UK (FCDO formerly DFID)
FCDO leads the UK’s work internationally, promoting the UK overseas. Being an active, confident, internationalist, burden-sharing and problem-solving nation, they are the most vital force in promoting the interests of British citizens, safeguarding the UK’s security, defending values, reducing poverty and tackling global challenges with all their international partners.
Small Industries Development Bank of India (SIDBI)
Incepted on 2nd April 1990 under an Act of Indian Parliament, SIDBI acts as the Principal Financial Institution for actively Promotion, Financing and working for the Development of the Micro, Small and Medium Enterprise (MSME) sector as well as supporting the active co-ordination of functions of institutions engaged in similar activities. SIDBI’s initiatives have remained aligned to the national goals of poverty alleviation, employment generation, kindling entrepreneurship and fostering competitiveness in the MSME sector. Being the Principal FI for MSMEs, SIDBI has dedicated its resources to evolving a vibrant MSME ecosystem. They work to facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system. Its vision is to come out as a single window for meeting the economic and developmental needs of the MSME sector to make it strong, vibrant and globally competitive, to position SIDBI Brand as the preferred and customer-friendly institution and for enhancement of shareholder wealth and highest corporate values through a modern technology platform.