VC fund (Cat I) · SEBI registry
SVL-SME 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
- 2019
- Investments on record
- 8
- Website
- sbiventures.co.in
- Profile ↗
About
SVL-SME Fund, branded 'Neev Fund II', is a Category I AIF managed by SBI Ventures Limited; launched in May 2021, it funds growth and capital expansion of SMEs offering clean-energy, EV, resource-efficiency and circular-economy solutions aligned with India's 2030 emissions targets.
Investment focus
Growth and capital-expansion equity in climate-resilient, low-emission SMEs — clean energy, electric vehicles, efficient raw-material use, water and circular-economy projects
Cheque size
Approx EUR 5-20 million equity per company (minority growth-equity stakes); corpus scaled up to ~INR 2,000 Cr target
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category I — reported as “Cat I”
- IN/AIF1/19-20/0730
SIDBI Fund of Funds
On the SIDBI FFS list
Funds: SVL-SME FUND
Yes — on official SIDBI FFS supported-AIF list (SVL-SME FUND)
Notable portfolio
Chakr Innovation; Blue Planet Environmental Solutions; GPS Renewables; Hygenco Green Energies; Nutrifresh Farm Tech India; Solinas Integrity; Smart Joules
Team & organisation
Firm-wide ~38 incl. 5 partners; Neev Funds CIO Akshay Panth
Company-managed Category I AIF (SEBI Reg IN/AIF1/19-20/0730) — this IS the 'SVL SME Fund (Neev II)' on the manager's site; managed by SBI Ventures Limited (formerly SBICAP Ventures, SBI subsidiary), a multi-fund manager (Neev I/II, SWAMIH, SRI Fund). Successor to Neev I (SBI-UK Govt JV).
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-SME Fund? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does SVL-SME Fund invest in?
- Growth and capital-expansion equity in climate-resilient, low-emission SMEs — clean energy, electric vehicles, efficient raw-material use, water and circular-economy projects
- What cheque size does SVL-SME Fund write?
- As compiled from public sources: Approx EUR 5-20 million equity per company (minority growth-equity stakes); corpus scaled up to ~INR 2,000 Cr target
- How do I pitch SVL-SME 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.
Similar investors
VC fund (Cat II)
108 Capital Venture Fund
Growth (Series C+) · Not disclosed · Bengaluru
VC fund (Cat I)
35North India Growth Fund Trust
Growth (Series C+) · Fintech · Mumbai
VC fund (Cat II)
A91 Partners
Growth (Series C+) · Financial services (non-tech) · Mumbai
VC fund (Cat II)
a99 Investment AIF Trust
Growth (Series C+) · Manufacturing & Industrials · Chennai
VC fund (Cat II)
Aabhuti Investment Fund Trust
Multi-stage · Climate & Clean energy · Chennai
VC fund (Cat II)
Aaroh Capital Trust
Growth (Series C+) · Not disclosed · Bengaluru
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://www.eib.org/en/projects/all/20190889