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National Small Industries Corporation

(A Government of India Enterprise)

Facilitating the Growth of Small Enterprise since 1955

Contribution Agreement of SRI Fund, a Category II Alternative Investment Fund, signed between Ministry of MSME, NSIC, NVFCL and SBICap Venture Ltd.


16 Oct 2021

Contribution Agreement of SRI Fund, a Category II Alternative Investment Fund, signed between Ministry of MSME,  NSIC, NVFCL and SBICap Venture Ltd.

Under the benevolent guidance of Shri Narayan Rane, Honble Minister of MSME, Shri Bhanu Pratap Singh Verma, Honble MOS (MSME) and in the gracious presence of Shri B.B.Swain, Secretary, MSME and Ms.Alka Arora, CMD NSIC and Chairperson NVCFL, the Contribution Agreement of Self Reliant India (SRI) Fund, a Category II Alternative Investment Fund for providing growth capital to MSMEs was signed on 12th Oct 2021 between Ministry of MSME, Government of India, the Anchor Investor, Sponsor The National Small Industries Corporation Ltd., NSIC Venture Capital Fund Ltd., the AIF Company and SBICap Ventures Limited, the Investment Manager. Dr. Ishita G. Ganguly, ADC signed on behalf of the Ministry, Shri P. Udayakumar, Director (P&M) signed on behalf of NSIC, Shri Gaurang Dixit, Director and CEO, on behalf of NVFCL and Shri K. Suresh, MD & CEO on behalf of SBICap Venture Ltd.