SME Growth Fund
India · Industrial tech · Business services
A proposed Indian growth-equity fund for small and medium-sized businesses, with a focus on manufacturing and industrial clusters.
Product
The SME Growth Fund is a proposed Indian investment fund designed to provide patient growth equity to small and medium-sized businesses. Its mandate focuses on companies with viable operations and potential to scale, with most of its capital intended for manufacturing enterprises.
The fund is planned as an Alternative Investment Fund. It would support businesses expanding production, adopting technology, entering international markets or making strategic acquisitions. Its remit also includes SMEs in industrial clusters in smaller Indian cities, where long-term equity capital can help companies build capacity and strengthen local supply chains.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Approved government commitment | ₹100B | Government of India — Participant |