Samridhi Fund

• Provides capital for growth through Convertible and Equity type funding instruments for eligible enterprises
• Capital of Rs.5 crore to Rs.25 crore is provided.
• Capital exceeding Rs.25 crore is also provided if an exceptionally strong developmental impact is predicted through the enterprise
  

Samridhi Fund Target Sectors

The following are the target sectors for The Samridhi Fund:

• Clean energy
• Education
• Skill building
• Affordable healthcare
• Financial inclusion (including Micro Finance Institutions)
• Agriculture and allied sectors
• Sanitation and water
  

Samridhi Fund Eligibility Criteria

The following are the eligibility criteria:

• Impact the poor as employees, producers, or customers
• Have social relevance
• Have economic viability
• Focus on governance, environmental, and social matters
• Provide the poor with access to markets
• Increase capital flow to the states of West Bengal, Rajasthan, Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Uttar Pradesh, and Bihar.
• Expand operations to one or all of the following states: West Bengal, Rajasthan, Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Uttar Pradesh, and Bihar.

Documents Required for Samridhi Fund

A detailed information memorandum that contains the following data:

1. Background of investors
2. Background of promoters
3. Background of company
4. Financial projections
5. Past financials
6. Business plan