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SIDBI (Small Industries Development Bank of India) has entered the venture debt market. According to Sivasubramanian Ramann, chairman and managing director of SIDBI, the organisation has also made four debt investments in this sector.
Attending the IVCA Conclave 2023, Ramann talked about SIDBI’s current plans by saying, “Along with equity investments, we are talking about the ability to provide debt. Even today, many banks are unable to provide debt to businesses due to regulatory constraints. As a result, SIDBI has taken on venture debt. It’s a small start, but I believe we’ve made four investments with the help of the partnership that has grown among all of you.”
