+
SBI Ventures Plans Rs 20 Billion Climate-Tech Fund
ECONOMY & POLICY

SBI Ventures Plans Rs 20 Billion Climate-Tech Fund

SBI Ventures, the alternative asset management arm promoted by the State Bank of India, is preparing to launch a Rs 20 billion climate-focused fund in the January–March quarter of 2025. The fund will invest in early and growth-stage climate-tech start-ups, with a particular focus on frontier technologies and AI-enabled climate solutions, according to media reports.

The plan was outlined at the second edition of the IVCA Green Returns Summit, where the firm detailed its strategy to expand the pool of capital available for green innovation. SBI Ventures will engage both domestic and global investors, with roadshows scheduled to begin early next year to secure commitments.

The company noted that India is increasingly becoming a testbed and launchpad for climate-oriented technologies, spanning cooling systems, low-carbon materials, nature-based solutions, waste management and circularity. It emphasised that the country needs nearly USD 170 billion each year to meet its climate commitments — a level far exceeding current investment flows.

SBI Ventures highlighted that the largest financing gaps exist in climate adaptation and resilience, particularly in water security, climate-smart agriculture and disaster-resilient infrastructure. It stressed the need for a layered climate-finance ecosystem that blends equity, concessional funding, philanthropic participation and instruments such as climate resilience bonds and carbon markets.

The firm added that scaling blended finance, de-risking emerging technologies and strengthening institutional capacity across the investment chain will be crucial to supporting India’s transition to a more climate-resilient economy.

SBI Ventures, the alternative asset management arm promoted by the State Bank of India, is preparing to launch a Rs 20 billion climate-focused fund in the January–March quarter of 2025. The fund will invest in early and growth-stage climate-tech start-ups, with a particular focus on frontier technologies and AI-enabled climate solutions, according to media reports. The plan was outlined at the second edition of the IVCA Green Returns Summit, where the firm detailed its strategy to expand the pool of capital available for green innovation. SBI Ventures will engage both domestic and global investors, with roadshows scheduled to begin early next year to secure commitments. The company noted that India is increasingly becoming a testbed and launchpad for climate-oriented technologies, spanning cooling systems, low-carbon materials, nature-based solutions, waste management and circularity. It emphasised that the country needs nearly USD 170 billion each year to meet its climate commitments — a level far exceeding current investment flows. SBI Ventures highlighted that the largest financing gaps exist in climate adaptation and resilience, particularly in water security, climate-smart agriculture and disaster-resilient infrastructure. It stressed the need for a layered climate-finance ecosystem that blends equity, concessional funding, philanthropic participation and instruments such as climate resilience bonds and carbon markets. The firm added that scaling blended finance, de-risking emerging technologies and strengthening institutional capacity across the investment chain will be crucial to supporting India’s transition to a more climate-resilient economy.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code