Tag: DailyRounds

SIDBI reports 5% drop in net profit

Sidbi commits Rs 110 cr from start-up fund

The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…