Home > News > SBI Capital to set up Rs 400-crore VC fund
February 17th, 2008
SBI Capital to set up Rs 400-crore VC fund
Abstract:
SBI Capital Markets plans to set up a Rs 400 crore venture capital fund to invest in knowledge-based sectors in the country. Meanwhile, SBI Capital Markets has already entered into a 50:50 JV Softbank Investment Holdings Inc of Japan for the fund.
The India Knowledge Fund will target specific India sectors including IT, knowledge process outsourcing, clinical research outsourcing, nanotechnology, online and mobile businesses, environmental technology and alternative energy, SBI said in its letter of offer filed with Sebi for its forthcoming Rs 16,736-crore rights issue.
Source:
timesofindia.indiatimes.com
Bookmark:
| Related News Press |
News and information
Closing the gaps — MXene-coating filters can enhance performance and reusability February 28th, 2025
Rice researchers harness gravity to create low-cost device for rapid cell analysis February 28th, 2025
VC/Funding/Angel financing/Loans/Leases/Crowdfunding
Graphene Flagship start-up Bedimensional closes a second €10 million investment round February 10th, 2023
180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021
Announcements
Closing the gaps — MXene-coating filters can enhance performance and reusability February 28th, 2025
Rice researchers harness gravity to create low-cost device for rapid cell analysis February 28th, 2025
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||