 "Kshatrapati Shivaji, CMD, SIDBI")
In its seventh meeting on February 11, 2017, SIDBI’s Venture Capital Investment Committee (VCIC) examined requests from 11 fund managers and sanctioned requests from 9 funds aggregating Rs 300 crore, the lending institution said in a press statement Sunday night.
The names of these funds and money sanctioned to each of them were not disclosed by SIDBI, but in reply to an RTI from Business Standard, it had disclosed in early-February that it had disbursed Rs 110 crore to four funds: Orios Venture PartneRs Fund II (Rs 50 crore), Kae Capital (Rs 45 crore), funds, Saha Trust (Rs 10 crore)
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