Investment Committee
Gaurav is the Senior Private Sector Development Adviser with DFID, India. A seasoned adviser, Gaurav has about 20 years of experience across responsible PE/VC investments, investment funds, corporate development and policy reform having worked in domestic and international markets. Gaurav brings substantial policy advocacy experience on economic development interventions such as business climate reform, making markets work in the low income states and ensuring value for money, in partnership with the Indian Government and apex institutions on India’s progressive reform agenda.Gaurav holds an MBA with Distinction from INSEAD, France and Wharton, USA and a B.Eng (Hons) from Nanyang Technological University, Singapore.
Shri Mohan was a Partner at Tata Capital Innovations Fund, which he helped conceptualize and set up. He has spent 30 years at the State Bank of India (SBI) and has vast experience in investments, merchant banking, SME & Corporate lending and private equity.
Smt. Chitra Alai is a banking professional with 32 years’ experience in the areas of Development Banking, Credit Administration, Designing structured products, Profit Centre Operations, and Relationship Management in the financial service sector. She is an Associate of Indian Institute of Bankers with a Commerce background and has done her Post Graduate Diploma in Business Administration. Over the years, she has worked across geographies viz. Mumbai, Kolkata, Lucknow, Chennai and across functions like Credit Operations, Credit Policy, Branch Head, Regional Head. With her in-depth knowledge and exposure to MSME ecosystem including industrial clusters / sectors across the country, she has evolved several projects to enable Development Initiatives by SIDBI.
Investment Managers
SIDBI Venture Capital Limited (SVCL) is a wholly owned subsidiary of SIDBI, incorporated in July 1999. It currently acts as an Investment Manager to seven funds with a combined corpus in excess of Rs.1700 crore. The seven funds are as under :
National Venture Fund for Software and Information Technology (NFSIT)
SME Growth Fund (SGF)
India Opportunities Fund (IOF)
Samridhi Fund (SF)
TEX Fund (TF)
Maharashtra State Social Venture Fund(MS Fund)
West Bengal MSME VC Fund (WB Fund)
Smt. Chitra Alai is a banking professional with 32 years’ experience in the areas of Development Banking, Credit Administration, Designing structured products, Profit Centre Operations, and Relationship Management in the financial service sector. She is an Associate of Indian Institute of Bankers with a Commerce background and has done her Post Graduate Diploma in Business Administration. Over the years, she has worked across geographies viz. Mumbai, Kolkata, Lucknow, Chennai and across functions like Credit Operations, Credit policy, Branch Head, Regional Head. With her in-depth knowledge and exposure to MSME ecosystem including industrial clusters / sectors across the country, she has evolved several projects to enable Development Initiatives by SIDBI.
Shri, Dilip Kumar is the Nominee Director of SIDBI Venture Capital Ltd (SVCL). He has been with SVCL since its inception in 1999 and was part of the core team which had set up SIDBI Ventures, SIDBI Trustee Company and National Venture Fund for Software & IT Industry (NFSIT). Besides being CFO of SVCL, he is the Fund Manager of Samridhi Fund, a social venture fund and represents SVCL on the Boards of some portfolio companies, where he has played an active role in strategy, corporate governance, building up systems and processes, etc. Prior to joining SVCL in 1999, Dilip was with SIDBI for nearly 8 years with experience in credit appraisal, accounts and audit functions. He is a Post Graduate in Commerce and Economics, AICWA, CS (Inter), PGDBA and CAIIB.
Pradnya is a Chartered Accountant having 4 years of experience in accounting and taxation. She is engaged with regular follow-up with investee companies, regulatory compliances, investor relationship, Technical Assistance work for investee companies.