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Our philosophy

Mission

Building the sustainable growth and impact ecosystem for SMEs in India

Vision

Become the leading fund house for development capital for nation building and climate action

2014

Announcement of Neev by UK and India Prime Minister

April 2015

Launch of Neev I

February 2019

SIDBI infusion in Neev II

August 2019

Completion of investments of Neev I

December 2020

Launch of Class X, Covid Special Stimulus Fund for Neev I Portfolio Companies

May 2021

Launch of Neev II

May 2021

First exit of Neev I

June 2021

First close of Neev II

Governance

The fund has instituted high governance standards that takes from international best practices for fund management and from our contributors. Embedding robust governance structures and risk management processes are vital for growing SMEs to flourish in business environments that are ever evolving.

The investment and exit decisions are guided by an Investment Committee that has representation from contributors and independent industry experts. The fund also has a Limited Partners’ Advisory Committee that provides strategic direction for fund related matters. The fund has a Conflict of Interest policy to manage all potential situations of conflict.

The fund undertakes good governance institution building practices within investees to set up independent boards, risk management practices, safeguarding, anti-corruption, anti-money laundering and codes of conduct practices.

Testimonials

Neev

Sustainable Investing

Our portfolio company Leap India Food & Logistics Limited truly reflects our values in their approach towards making India’s future more secure and sustainable. Here’s what the co-founders of Leap India, Nikky Karthikeyan and Anurag Malempati, have to say about their journey with us.

Neev

Our investee company, Milk Mantra has scripted an outstanding success story over the years.

The company has developed an ethical milk sourcing model which aims to revitalize rural economies, increase farmers’ yields, and provide direct benefits to farmers and their families. We will continue to support the entire Milk Mantra team as they drive their purpose-led business to new heights.

Neev

Blue Planet Environmental Solutions

“Visited the Noida site with Mr. Manav Bansal of SVL. It is very interesting to view the services that such companies are doing to the environment. Recycling, restoring and reusing are actually being practiced here to the last item. A very committed and knowledgeable team. I wish them all the very best.” – Mr. Arun Mehta, Managing Director & CEO, SBI Capital Markets Limited on his visit to Blue Planet