Private equity (Cat II) · SEBI registry
SVL Climate Tech Fund
Growth (Series C+) · Climate & Clean energy · Mumbai
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Climate & Clean energy
- City
- Mumbai
- HQ / office
- Lower Parel, Mumbai
- Fund registered
- 2025
- Investments on record
- 8
- Corpus (as reported)
- Targeted corpus ~Rs 2,000 crore (announced 2025, fund being launched)
- Website
- sbiventures.co.in
- Profile ↗
About
SVL Climate Tech Fund is a Category I AIF managed by SBI Ventures Limited (formerly SBICAP Ventures), the State Bank of India's alternative-asset arm; it is SBI Ventures' third climate-focused fund, backing climate technology and green-innovation companies.
Investment focus
Growth equity in tech and innovation-driven businesses in the climate, environment and sustainability space (climate-tech, AI-led green innovation startups)
Cheque size
Approx EUR 5-20 million equity per company (minority stakes with board seats)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category I — reported as “Cat I”
- IN/AIF1/25-26/1950
SIDBI Fund of Funds
Yes — SIDBI is a Limited Partner. The fund (Neev II / SVL SME Fund, SBI Ventures' climate-tech SME fund) has Govt/DFI LPs incl. SIDBI, the Self Reliant India (SRI) Fund, Govt of India via Ministry of MSME, plus EIB, JICA and UK FCDO. Source: sbiventures.co.in/funds-managed/neev-fund-ii/
Team & organisation
Firm-wide ~38 staff incl. 5 partners; Neev Funds CIO Akshay Panth; not a fund-specific headcount
Company-managed Category I AIF (SEBI Reg IN/AIF1/19-20/0730); managed by SBI Ventures Limited (formerly SBICAP Ventures Ltd, wholly-owned SBI subsidiary), a multi-fund manager. NOTE: 'SVL Climate Tech Fund' corresponds to SBI Ventures' Neev II / SVL SME climate-tech fund — the firm markets one Cat I climate/SME vehicle, not two separate Cat I funds.
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.
Work at SVL Climate Tech Fund? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does SVL Climate Tech Fund invest in?
- Growth equity in tech and innovation-driven businesses in the climate, environment and sustainability space (climate-tech, AI-led green innovation startups)
- What cheque size does SVL Climate Tech Fund write?
- As compiled from public sources: Approx EUR 5-20 million equity per company (minority stakes with board seats)
- How do I pitch SVL Climate Tech Fund 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.
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About this record
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://sbiventures.co.in/funds-managed/neev-fund-ii/; https://sbiventures.co.in