Fund News

SBI Ventures to raise Rs.2,000-Cr for third climate-focused fund

Business Line  

SBI Ventures , an alternative asset manager promoted by State Bank of India (SBI), is set to raise INR 2,000 crore for its third climate-focused fund.The Delhi-based fund will be launched between January and March 2026, with domestic and global investors participating.The fund will invest in early- and growth-stage climate startups, with a specific focus on frontier climate technologies and AI-enabled climate innovations.

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