SBICAP Ventures

SBICAP Ventures is an alternative asset manager based in India and operates as a wholly owned subsidiary of SBI Capital Markets Ltd., which is itself a subsidiary of the State Bank of India, the largest public sector bank in the country. The firm specializes in managing the Neev Fund, focusing on investments that support the growth of small and medium enterprises in India. By leveraging its affiliation with SBI, SBICAP Ventures aims to foster economic development through strategic investments while providing capital to underserved sectors.

Manav Bansal

CIO

6 past transactions

Solinas

Venture Round in 2024
Solinas is a developer of innovative robotic technologies aimed at addressing critical infrastructure challenges related to water leakage and sanitation in India. The company designs inspection robots capable of detecting defects in pipelines, including leaks, gas pockets, corrosion, sediments, and dents. By employing non-destructive testing techniques, Solinas provides comprehensive internal condition assessments that help identify and analyze pipeline issues. Their solutions not only enhance the longevity of essential assets but also facilitate preventive maintenance for sectors such as oil and gas, petrochemicals, and power plants. Additionally, Solinas focuses on eliminating manual scavenging and improving water accessibility, thereby contributing to broader public health and environmental goals.

Stans Buildtech Homes

Venture Round in 2024
Stans Buildtech Homes is a prominent construction service provider based in Mumbai and Maharashtra. The company specializes in delivering high-quality residential and commercial projects, ensuring timely completion to meet client needs. Since its establishment, Stans Buildtech has been dedicated to transforming both landscapes and lifestyles in the region, rapidly expanding its presence and reputation as a leading lifestyle provider. Through its commitment to quality and efficiency, Stans Buildtech is making significant strides in the construction industry, contributing to the urban development of its operational areas.

Nutrifresh

Seed Round in 2023
Nutrifresh is an agritech startup that specializes in the production of hydroponically-grown produce. The company operates under a protected cultivation system, utilizing high-quality seeds sourced from Israel and other countries. Its innovative facility ensures that air is supplied in controlled measures, while water undergoes reverse osmosis purification. The nutrients used in the growing process are water-soluble, allowing for precise management of the plants' needs. Nutrifresh maintains strict control over the entire production process, from seed procurement and germination to nursery care, harvesting, packaging, and final delivery. This meticulous approach enables the company to provide customers with high-quality, non-GMO, pesticide-free fruits, vegetables, and herbs.

GPS Renewables

Series B in 2022
GPS Renewables, established in 2010 and headquartered in Bengaluru, India, specializes in waste-to-energy solutions. The company develops and deploys BioOrja, a biowaste-to-energy reactor, which converts organic waste into bioCNG for cooking and electricity generation, and digested slurry for use as manure. Serving both private and institutional clients, GPS Renewables focuses on the urban waste market, particularly in tier I cities, where a significant portion of biodegradable waste originates from mass kitchens. The company's innovative technology, including a pending patent for BioUrja and specialized waste processing equipment, enables it to tackle the urban waste challenge while providing a sustainable energy source.

SunSource Energy

Venture Round in 2018
Founded in 2010, SunSource Energy specializes in developing, engineering, procuring, constructing, and operating solar power plants. The company offers comprehensive services including site assessment, financial analysis, detailed design, procurement, installation, commissioning, monitoring, maintenance, and performance optimization for commercial and industrial clients across India and Southeast Asia.
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