Q. Which company is the investment manager of the ‘Self Reliant India (SRI) fund’?
Answer:
SBICAP Ventures
Notes: The Self Reliant India (SRI) fund’, launched by the government of India to provide growth capital to MSMEs, has committed to deploy Rs 5,000 crore, in 38 private equity (PE) and venture capital (VC) firms.
SBICAP Ventures, owned by the State Bank of India Group, is the investment manager of the fund. SRI fund is a SEBI-registered category-II Alternative Investment Fund (AIF) that operates through the mother-fund and daughter-fund structure.