At the Indian Venture and Alternate Capital Association (IVCA) Green Returns Summit 2025 held at Bharat Mandapam, Prem Prabhakar, MD & CEO of SBI Ventures delivered a compelling keynote outlining India’s transition into a new climate economy, where climate action, financialstability and industrial competitiveness are deeply interconnected.
He highlighted India’s USD 170 billion annual climate capital requirement and called for a modernized financial that blends equity, concessional capital, climate resilience bonds and carbon markets to address deep gaps in adaptation and resilience.
Mr. Prabhakar reiterated, through the Neev Funds platform, SBI Ventures continues to back high-potential climate innovators across sectors such as green hydrogen, waste and circularity, climate-smart agriculture, energy efficiency, water resilience and low-carbon industrial technologies.
A key announcement from the address was, SBI Ventures would be launching it’s third climate-focused fund, coming early next year, dedicated to frontier climate technologies and AI-enabled climate innovation.
SBI Ventures Limited is proud to have been part of the India delegation at the 2025 World Bank Group – KGGTF. Tailored Study Tour on Urban Development and Housing Guarantees, held in Seoul, Republic of Korea. The study tour brought together participants from Kenya, India, the World Bank Group, and Korea’s leading institutions, including Korea Land & Housing Corporation (LH), Housing & Urban Guarantee Corporation (HUG) and the International Contractors Association of Korea (ICAK).
The delegates engaged in technical sessions, peer learning and site visits focused on:
1. Korea’s housing system and institutional frameworks
2. Public rental housing strategies and financing models
3. New town planning and housing-led urban development
4. Housing fund operations and guarantee mechanisms
5. Land value capture and public-led redevelopment
6. Smart city and green construction initiatives
SVL had the opportunity to share India’s progress, challenges and aspirations in affordable housing and urban development, while also learning from Korea’s successful large-scale housing delivery and redevelopment practices. These insights are particularly relevant as India continues to strengthen its ecosystem for sustainable, inclusive and scalable housing solutions.
At the India Green Investment Forum
2025, our MD & CEO Mr. Prem
Prabhakar shared SBI Venture's vision
for unlocking climate capital at scale.
India’s green transition presents a
compelling investment opportunity,
and institutional investors have a
critical role to play.
From blended
finance to green bonds, we’re building innovative instruments to channel private capital into sustainable infrastructure, clean energy, and climate-resilient enterprises.
Prem Prabhakar, MD & CEO of SBI Ventures Limited recently participated in an insightful and engaging fireside chat with market veteran Madhu Kela at the IVCA Renewable Energy Summit 2025 in Mumbai.
We were honoured to have the Neev Funds, showcased at an exclusive event hosted by Japan’s Social Innovation and Investment Foundation (SIIF) at JICA’s office in Tokyo.
Mr. Ashwini Kumar Tewari, Managing Director – Corporate Banking & Subsidiaries, SBI, addressed a distinguished gathering of Japanese corporates, investors, and impact-driven organizations. He emphasized the vital importance of Japan–India relationship, reiterating SBI’s commitment to building strong, trust-based partnerships with both domestic and international investors. As India’s premier financial institution, SBI has nurtured a deep network of global relationships with sovereign wealth funds, bilateral agencies, development finance institutions, multilateral agencies, and strategic partners.
SBI’s governance, institutional discipline, market access, and ability to deliver consistently have made it the first port of call for institutional investors looking at India. This legacy of trust and collaboration is now extending to the private equity and impact investing verticals, with SVL’s Neev Funds serving as a flagship example.
Mr Prem Prabhakar, Managing Director & Chief Executive Officer, SVL, highlighted the achievements of Neev Funds and its collaboration with JICA, showcasing how targeted capital can drive sustainable and inclusive development in India
Media Coverage
2024
IIC PRABHAV
SEPTEMBER 2024
Keynote by Prem Prabhakar, MD & CEO of SBI Ventures Limited, focusing on venture capital trends and strategic investment insights at Prabhav 2024 organised by Impact Investors Council at New Delhi on September 13, 2024
CNBC Award
30 AUGUST 2024
SWAMIH Investment Fund I has been awarded the ‘Best Real Estate Fund’ at the recent CNBC_Awaaz Real Estate Awards '23-24. This recognition underscores our dedication to advancing India's real estate sector, providing last-mile funding support to stressed projects, and making a positive impact on several lives and livelihoods.
SBI Ventures (Formerly known as SBICAP Ventures Limited) to manage ₹1,000 crore Trilateral Development Cooperation Fund of Ministry of External Affairs to scale innovations by Indian businesses
SBI Ventures Limited, (Formerly known as SBICAP Ventures Limited) the private equity arm of State Bank of India, has launched Trilateral Development Cooperation (TDC) Fund in partnership with the Ministry of External Affairs (MEA), Government of India. The TDC Fund is a Category II SEBI registered, AIF established with a corpus of ₹700 crore and a green shoe option of ₹ 300 crore.
TDC Fund, a fund-of-fund, will route MEA’s capital commitments to eligible daughter funds, starting with its investment in the GIP Fund. The GIP Fund is expected to be established as a partnership between the MEA and the Foreign, Commonwealth and Development Office (FCDO), Government of UK under the India – UK Global Innovation Partnership (GIP). SVL has been appointed as the Investment Manager of the TDC Fund and shall facilitate the GIP program for MEA.
TDC Fund – through its investment in the GIP Fund – aims to foster, transfer, and scale up demonstrated and sustainable innovations from India to select developing countries, thereby promoting their economic development, and accelerating Sustainable Development Goals. In future, the MEA could potentially utilise the TDC Fund to contribute to other AIFs, similar to the GIP Fund, established in partnership with other partner countries under the Trilateral Development Cooperation Framework.
The Economic Times Real Estate Conclave, 2024
Suresh Kozhikote, MD & CEO, SBI Ventures Ltd. (Formerly known as SBICAP Ventures Ltd.) participated in a panel discussion at the #ETRECA 2024 in Mumbai, highlighting the importance of project financing and its nuances to find an impact that counts.
“Financing your projects right!” deep dived into the best ways to finance construction projects, how to keep projects financially viable over the long run, why projects get stuck, the need for funds like SWAMIH to cater to stuck projects, and the best practices of project life-cycle management.
Mr. Kozhikote shared his insights on SWAMIH FUND’s meticulous investment approach, emphasizing robust due diligence and proactive project oversight with relevant examples.
The success stories underscore SBI Ventures’ laser-sharp focus on ensuring compliance. When coupled with its impact on the innumerable lives and livelihoods in the RE landscape, it only fortifies the vision to finance projects.
2023
- Role of FIIs in progressing the investment landscape of India
SBI Ventures ‘at drawing board’ stage over plans to float new fund in India – CEO
2022
Interaction with UK Foreign Secretary James Cleverly to strengthen the UK-India relationship and other bilateral ties on 28th Oct 2022 at Taj Palace, Mumbai
SBI Ventures Limited (Formerly known as SBICAP Ventures Limited) signed an MOU with Ministry of External Affairs, India (MEA) for establishing TRILATERAL Development Cooperation Fund (TDCF).