How do I pitch NSIC Venture Capital Fund Limited through iHub India?

Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

VC fund (Cat II) · SEBI registry

NSIC Venture Capital Fund Limited

Growth (Series C+) · MSME & SME finance · New Delhi

Pitch this investor Request an intro

Contact on file — shared on accepted request

At a glance

Stage focus: Growth (Series C+)
Primary sector: MSME & SME finance
City: New Delhi
HQ / office: New Delhi (NSIC Bhawan, Okhla Industrial Estate Phase III)
Fund registered: 2021
Corpus (as reported): SRI Fund corpus Rs. 10,006 crore (out of a Rs. 50,000 crore equity-infusion target); ~Rs. 4,885 crore deployed into MSMEs to date (public reports, 2023–2024)
Website: www.nvcfl.co.in

About

NSIC Venture Capital Fund Limited (NVCFL) is a wholly owned subsidiary of National Small Industries Corporation (a Mini-Ratna CPSE under the MSME Ministry), registered as a SEBI Category II AIF in Sept 2021. It is the Mother Fund of the Government's Self Reliant India (SRI) Fund; the SRI Fund's investment manager is SBI Ventures Ltd (formerly SBICAP Ventures).

Investment focus

Fund-of-funds for MSMEs. As the Mother Fund of the Self Reliant India (SRI) Fund, it invests in SEBI-registered Cat I and Cat II AIFs ('Daughter Funds'), which in turn provide equity/quasi-equity growth capital to MSMEs across sectors.

Cheque size

Daughter-fund commitments: minimum Rs 25 Cr, in multiples of Rs 5 Cr; max = lower of 20% of target corpus or Rs 2,000 Cr (it is a fund-of-funds investing in Cat I/II AIFs, not direct MSME cheques)

As compiled from public sources — verify with the investor.

SEBI registration

SEBI AIF Category II — reported as “Cat II”

IN/AIF2/21-22/0924

SIDBI Fund of Funds

Yes — NVCFL is a wholly-owned subsidiary of National Small Industries Corporation (NSIC), a Mini-Ratna Govt of India CPSE under Ministry of MSME. It manages the Self Reliant India (SRI) Fund, a Govt of India FoF (mother corpus Rs 10,000 Cr, total Rs 50,000 Cr) with Government of India as anchor investor. (nvcfl.co.in)

Team & organisation

SEBI Category II AIF (Fund-of-Funds), Reg. No. IN/AIF2/21-22/0924; investment manager is NSIC Venture Capital Fund Ltd (Govt company, NSIC subsidiary) running the SRI Fund mother/daughter-fund structure

Connect through iHub India

Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.

Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.

Pitch this investor Request an intro Create a free account

Work at NSIC Venture Capital Fund Limited? Claim this profile to keep it current and receive pitches directly.

Frequently asked

What does NSIC Venture Capital Fund Limited invest in?: Fund-of-funds for MSMEs. As the Mother Fund of the Self Reliant India (SRI) Fund, it invests in SEBI-registered Cat I and Cat II AIFs ('Daughter Funds'), which in turn provide equity/quasi-equity growth capital to MSMEs across sectors.
What cheque size does NSIC Venture Capital Fund Limited write?: As compiled from public sources: Daughter-fund commitments: minimum Rs 25 Cr, in multiples of Rs 5 Cr; max = lower of 20% of target corpus or Rs 2,000 Cr (it is a fund-of-funds investing in Cat I/II AIFs, not direct MSME cheques)
How do I pitch NSIC Venture Capital Fund Limited through iHub India?: Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Similar investors

VC fund (Cat II)

108 Capital Venture Fund

Growth (Series C+) · Not disclosed · Bengaluru

Contact on file

VC fund (Cat I)

35North India Growth Fund Trust

Growth (Series C+) · Fintech · Mumbai

Approx USD 0.5-3M (INR ~3-20 Cr) per company; 8-10 companies targeted (per inc42 / fund reporting)Contact on file

VC fund (Cat II)

A91 Partners

Growth (Series C+) · Financial services (non-tech) · Mumbai

Typically USD 10M-50M per company (approx INR 80-400+ Cr), targeting ~15 companies per fund.Contact on file

VC fund (Cat II)

a99 Investment AIF Trust

Growth (Series C+) · Manufacturing & Industrials · Chennai

INR 20-80 Cr (pre-Series A to pre-Series B cheques, Fund III)Contact on file

VC fund (Cat II)

Aaroh Capital Trust

Growth (Series C+) · Not disclosed · Bengaluru

Contact on file

VC fund (Cat II)

Aavishkaar Capital

Multi-stage · MSME & SME finance · Mumbai

Series A focus; not explicitly disclosed on site (impact equity cheques)SIDBI FFSContact on file

All Growth (Series C+) investors →

About this record

⚑ Government CPSE-owned fund-of-funds (not a direct startup VC; invests in daughter AIFs that fund MSMEs)

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.nvcfl.co.in/; https://www.nvcfl.co.in/Scheme