Lok Sabha Question No. 279 (STARRED), answered on 2025-08-07
Subject: Self Reliant India Fund
Ministry: MICRO, SMALL AND MEDIUM ENTERPRISES
Asked by: Shri Devesh Shakya

## GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

## LOK SABHA STARRED QUESTION NO. *279 TO BE ANSWERED ON: 07.08.2025

## SELF RELIANT INDIA FUND

## *279. SHRI DEVESH SHAKYA:

Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state:

- (a) the details of the total funds allocated so far under the Self Reliant India (SRI) Fund and the number of Micro, Small and Medium Enterprises (MSMEs) benefited thereunder across the country  particularly  in  Uttar  Pradesh  including  Etah,  Kasganj,  Etawah,  Auraiya,  Mainpuri  and Kannauj districts;
- (b) the eligibility criteria for MSMEs to receive financial assistance under the SRI Fund;
- (c) the sector-wise distribution of the funds, such as allocations to manufacturing, services and technology-based MSMEs under the SRI Fund; and
- (d) whether the Government is collaborating with any financial institution or venture capital firms to enhance the effectiveness of the SRI Fund and if so, the details thereof?

## ANSWER

## MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI JITAN RAM MANJHI)

- (a) to (d): A statement is laid on the Table of the House.

## STATEMENT REFERRED TO IN REPLY TO PARTS (a) to (d) OF THE LOK SABHA STARRED QUESTION NO. *279 FOR ANSWER ON 07.08.2025.

- (a): The total budgetary provision under Self Reliant India (SRI) Fund by Government of India is  Rs.  10,000  crore  and  Rs.40,000  crore  through  Private  Equity  /  Venture  Capital  funds.  Since inception of the Scheme till 30.06.2025, an amount of Rs. 13,363.69 crore has been invested in 629 MSMEs, including 16 MSMEs in the State of Uttar Pradesh under SRI Fund.
- (b): Self-Reliant India Fund does not directly invest in MSMEs but provides growth capital to Daughter  Funds  (DFs),  which  in  turn  invest  in  eligible  MSMEs  through  equity  or  quasi-equity instruments.  As  per  the  SRI  Fund  guidelines,  MSMEs  with  defined  business  plan  for  growth indicating positive funds flow are eligible under the Scheme. Daughter Funds, under the SRI Fund framework,  evaluate  the  eligibility  of  MSMEs  based  on  their  Transaction  Structure,  Business Model, Founder and Team Composition and Exit Visibility.
- (c): The sector-wise details of MSMEs benefitted in the country under SRI Fund are as below:

| Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   | Sector-wise details of MSMEs benefitted under SRI Fund (as on 30.06.2025 since inception)   |
|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|
| Manufacturing                                                                               | Manufacturing                                                                               | Services                                                                                    | Services                                                                                    | Trading                                                                                     | Trading                                                                                     | Total                                                                                       | Total                                                                                       |
| Number of MSMEs                                                                             | Investment (In Rs. Crore)                                                                   | Number of MSMEs                                                                             | Investment (In Rs. Crore)                                                                   | Number of MSMEs                                                                             | Investment (In Rs. Crore)                                                                   | Number of MSMEs                                                                             | Investment (In Rs. Crore)                                                                   |
| 193                                                                                         | 5,382.24                                                                                    | 390                                                                                         | 7,117.63                                                                                    | 46                                                                                          | 863.82                                                                                      | 629                                                                                         | 13,363.69                                                                                   |

Source: NSIC Venture Capital Fund Limited.

(d): The SRI Fund is operated in collaboration  with  the  NSIC  Venture  Capital  Fund  Limited (Mother Fund) and SBI Venture Capital Limited (Investment Manager). As on date, there are 64 Daughter Funds/Venture Capital firms participating in implementation of SRI Fund (Annexure-I)

*****

## Annexure referred in part (d) of answer to Lok Sabha Starred Question no. *279 on "Self Reliant India Fund' due for reply on 07.08.2025.

|   S. No. | Daughter Fund                                      |
|----------|----------------------------------------------------|
|        1 | 9Unicorns Accelerator Fund -1                      |
|        2 | Aavishkaar India Fund -VI (AIF VI)                 |
|        3 | Achieving Women Entrepreneurs Early Growth Fund -I |
|        4 | Agastya Capital India Growth Fund                  |
|        5 | Alkemi Venture Fund II - Scheme I                  |
|        6 | Amicus Capital Partners India Fund -II             |
|        7 | Ankur Capital Fund -III                            |
|        8 | Antler Innovation India Fund -1                    |
|        9 | Arali Ventures -I                                  |
|       10 | Ascent Growth Trust                                |
|       11 | Asha Ventures Fund -I                              |
|       12 | Avaana Sustainability Fund                         |
|       13 | Banyan Tree India Growth Capital Fund              |
|       14 | Cactus Partners Fund -I                            |
|       15 | Carpediem Capital Partners Fund- II                |
|       16 | Centre Court Capital Fund- I                       |
|       17 | Chiratae Ventures India Fund -V                    |
|       18 | Colossa Women First Fund                           |
|       19 | Cornerstone Venture Partners Fund -I               |
|       20 | Dallas Venture Capital India Fund -1               |
|       21 | Elev8-Capital Fund -I                              |
|       22 | Endiya Partners Fund -III                          |
|       23 | Enzia Investment Trust Fund -I                     |
|       24 | Epiq Capital -II                                   |
|       25 | Equanimity Ventures Fund -II                       |
|       26 | Exfinity Technology Fund- Series -III              |
|       27 | Filter Capital India Fund -I                       |
|       28 | Fireside Ventures Investment Fund -III             |
|       29 | First Bridge India Growth Fund                     |
|       30 | Gaja Capital India Fund 2020 LLP (Gaja IV)         |
|       31 | Grand Anicut Fund -3                               |
|       32 | GVFL Emerging Enterprises Venture Capital Fund     |
|       33 | IAN Alpha Fund                                     |
|       34 | India Advantage Fund S5 I                          |
|       35 | India SME Investments AIF Trust- II                |
|       36 | IVen Amplifi Fund                                  |
|       37 | IvyCap Ventures Fund- III                          |

|   38 | Jashvik Capital Fund -I                           |
|------|---------------------------------------------------|
|   39 | Kae Capital Fund -III                             |
|   40 | Maharashtra Defence and Aerospace Venture Fund    |
|   41 | Menterra Social Impact Fund -II                   |
|   42 | NABVENTURES Fund -I                               |
|   43 | Omnivore Agritech &Climate Sustainability Fund -3 |
|   44 | Paragon Partners Growth Fund -II                  |
|   45 | Pavestone Technology Fund                         |
|   46 | Nextgen Technology Fund -I                        |
|   47 | Roots Ventures-II                                 |
|   48 | Sabre Partners Fund - 2019                        |
|   49 | Singularity Growth Opportunities Fund -I          |
|   50 | Singularity Growth Opportunities Fund -II         |
|   51 | Somerset Indus Healthcare India Fund -III         |
|   52 | Sorin Investment Fund                             |
|   53 | Stakeboat Capital Fund -II                        |
|   54 | SVAS Winning Businesses                           |
|   55 | SVL-SME Fund (Neev II)                            |
|   56 | Tata Capital Healthcare Fund -II                  |
|   57 | True Scale Venture Growth Fund -I                 |
|   58 | Ubharte Sitaare Fund                              |
|   59 | Whiteboard Capital India Trust                    |
|   60 | Zephyr Peacock India Growth Fund                  |
|   61 | Yali Ventures                                     |
|   62 | Orios Venture Partners Fund -III                  |
|   63 | Trident India Growth Fund -1 Trust                |
|   64 | Greenstone Fund                                   |