 "infra, realty, buildings, real estate")
SBI Capital Ventures (SVL) will float two funds: One of Rs 4-billion for small and medium enterprises (SMEs) and a Rs 3.5-bn one for affordable housing, the company said on Monday.
SVL, a subsidiary of SBI Capital Markets, targets closure in the second half of the next financial year (2019-20) through the funds. The SME fund will be broad-based, covering both manufacturing and services. The affordable housing fund will focus on Mumbai, Chennai, Kolkata, Delhi; Pune, Ahmedabad, Hyderabad, and Ahmedabad. It will take stakes in Special Purpose Vehicles for a particular project.
"With these two funds, we are looking forward
