Frequently Asked Questions

1. Who can get investment from Samridhi?

Enterprises with a proven business model going for expansion which can generate developmental benefits (for poor households or the community, eg. public infrastructure, environment) may seek funding from Samridhi. These enterprises must have plans to expand operations in any or all of the following states – Bihar, Chhattisgarh, Odisha, Uttar Pradesh, West Bengal, Madhya Pradesh, Jharkhand and Rajasthan.

2. What is the nature of funding by Samridhi?

Samridhi can provide growth capital to enterprises through a variety of funding instruments, viz., Equity and Convertible Instruments.

3. What is the minimum and maximum funding ticket size?

Samridhi typically provides capital in the range of INR 5-25 crore. In exceptional cases, Samridhi may invest amounts outside this range, especially when strong developmental impact can be generated.

4. Are there organizations of any kind that are excluded from funding by Samridhi?

Samridhi will not invest in any of the following businesses or activities:

-          Illegal or banned activities, including child labour.

-          Businesses dealing with hazardous chemicals, asbestos, pesticides and wastes; ozone depleting substances; and endangered or protected

           wildlife or wildlife products.

-          Arms and ammunition

-          Companies which have been proven to be involved in fraud and corruption.

5. What are the documents necessary for my application to be considered?

Companies seeking funding from Samridhi should provide a detailed information memorandum containing background of the company and the promoters and investors, past financials, business plan, financial projections etc.

6. What is the funding process and the turn-around time?

The funding process typically takes 3-6 months, and involves the following stages:

-       Go/No Go Decision – based on preliminary review by SVCL and a presentation by the company, a decision will be made by the Investment

        Committee (IC)

-       Detailed appraisal by SVCL team

-       Final Investment Committee Decision

-      Due Diligence and Documentation

7. My company is not profitable yet - can I still apply?

No. Considering the limited balance fund life, currently, Samridhi is not investing in pre-profitability companies or start-ups or early-stage companies.