Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC)’s Post

TNIFMC - Catalyst for growth Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) through its Tamil Nadu Emerging Sector Seed Fund (TNESSF), has successfully invested in Startups, whose innovations in e-mobility, digital platforms using advanced technology for planning processes, and logistics, help improve the quality of life of people. Targetting to invest between Rs. 3 and Rs. 10 crore in equity or convertibles, TNESSF also considers investment sizes upto Rs. 1 crore for early-stage enterprises, to help them reach their next milestone. The investments will spur growth and increase employment opportunities. #startupindia MeitY Startup Hub StartupTN Startup Story® Guidance Tamil Nadu FaMeTN Government of Tamil Nadu Ministry of Micro, Small and Medium Enterprises, Government of India Governance TamilNadu TIDCO TIDEL Park Limited Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) #tamilnadu #investment #funds #fundmanagement #investintamilnadu #growth #tnifmc #startups #deeptech #ml #emobility #logistics #delivery

Chennai-headquartered Anicut Capital, an alternative investment firm, has raised ₹50 crore from the Small Industries Development Bank of India (SIDBI) for its Grand Anicut Fund. Anicut Equity Fund launched its Grand Anicut Fund 3 in June 2022 with a total targeted corpus of ₹500 crore, with an additional ₹ 250 crore green shoe option. It has so far closed two-thirds of the fund and also received a commitment of Rs 75 crore from the Self-Reliant India Fund (SRI). The latest investment comes through the Fund of Funds for Startups, launched under the Startup India Initiative by the Government of India. The strategic move is aimed at boosting the early growth-stage companies that are a part of its portfolio. “We are excited to welcome SIDBI as an investor through the FFS initiative. We see great potential in ventures building an ecosystem of breakthrough innovations that contribute to the development of our communities,” said Dhruv Kapoor, Partner, Anicut Equity Fund. . . . 📩 Follow us for more news updates! #businessupdates #startupfunding #industrynews

'Tamil Nadu Startup and Innovation Policy 2023' Highlights * The Government of Tamil Nadu will create a ‘Co-creation Fund’, a unique Fund-of-Funds model designed to participate in private sector #VC Funds. Special focus will be given to funds investing in Regional #Startups and sectors like Rural Impact, Women-led and Climate Action. * 'TANFUND' a Startup-Investor aggregator platform will be launched to connect national and international investment agencies with Tamil Nadu Startups, with structured back office facilitation. #CoCreationFund #FundOfFunds #TANFUND #TamilNaduFund #RuralImpact, #WomenLed #ClimateAction #StartupInvestment #InvestInTN Sivarajah Ramanathan Sivakumar Palanisamy Dinesh Sundaravelu Sai Ranganathan Nikunj Panchal Rajan BL Arvind Subramaniam Ananth M.K. Stalin Jacob J Ponni Velmurugan Startup India Guidance Tamil Nadu FaMeTN #TamilNaduStartupInnovationPolicy #StartupInnovationPolicy2023 #StartupInTN #StartupTN

Multi Sector Coverage, Investments For Progress✨🌏 #Tamilnadu has been a pioneer in adopting new, and emerging technologies - be it for industrial applications or for service delivery to people.   Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) through its Tamil Nadu Emerging Sector Seed Fund, has created a robust Startup ecosystem where innovative ideas transform into useful applications, and improve the quality of life of people, and effectively contribute to overall growth and development.   Startup Story® Startup India Indian Startup News Ministry of Micro, Small and Medium Enterprises, Government of India Government of Tamil Nadu Governance TamilNadu Startup Thamizha Official StartupTN Guidance Tamil Nadu FaMeTN TIDCO TIDEL Park Limited Self Reliant India SIDBI(Small Industries Development Bank of India) NABARD - National Bank for Agriculture and Rural Development #tamilnadu #investment #funds #fundmanagement #investintamilnadu #growth #tnifmc #startups #deeptech #emobility #agriculture #delivery #retail #supplychain #defence

Do MSMEs face purchasing challenges? Absolutely. Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, playing a crucial role in employment generation and economic development. Entrepreneurs in this sector demonstrate remarkable resilience and tenacity as they navigate a highly competitive landscape dominated by large industrial giants and multinational corporations. MSMEs encounter numerous challenges, from sourcing the right talent to securing materials at optimal prices, quantities, and terms. At Unibuild.ai, we are committed to supporting you in overcoming these purchasing challenges. Join us at www.unibuild.ai and level the playing field, allowing you to compete effectively with larger enterprises. #startup #startupindia #msme #investindia www.unibuild.ai

SIDBI(Small Industries Development Bank of India) will serve as the fund manager for the Rs 100 crore Odisha Startup Growth Fund (Fund of Funds), which was announced today by Startup Odisha, an initiative of the MSME Department of the Government of Odisha. The State Government would regularly replenish the fund once the original corpus of Rs 100 Crore is used up, according to the announcement, assuring ongoing, ongoing assistance for entrepreneurs. The fund manager for the Odisha Startup Growth Fund (Fund of Funds), SIDBI, will be in charge of developing the fund's investment strategy and overseeing its portfolio. The OSGF, established by the Odisha Government as a component of its Fund of Funds plan, is committed to investing Rs 100 crore over the course of five years through Alternative Investment Funds. The relationship would be essential in supporting the MSME sector, which accounts for 33% of India's GDP and supports over 120 million jobs, according to a release. The goal of the introduction of the Odisha Startup Growth Fund, according to IAS Development Commissioner and Additional Chief Secretary Anu Garg, is to make Odisha the top choice for entrepreneurs. Odisha is on the verge of a revolutionary transition, and the state government wants to offer its support to initiatives like this one that aid in the development of its residents. Together, we are laying the foundation for entrepreneurs to succeed, innovation to flourish, and the MSME ecosystem to become even more robust. Startup Odisha is contributing to the inclusiveness of the state's growth story in this changing climate. #businessnews #StartupOdisha #startups #startupindia #StartupFund #SIDBI #Odisha #programme #TheStartupTrends

Odisha government's Startup Odisha has launched the Rs 100 Crore Odisha Startup Growth Fund (Fund of Funds) with the Small Industries Development Bank of India (SIDBI) as the fund manager. The fund is dedicated to investing Rs 100 crore over five years through Alternative Investment Funds (AIF) in Odisha-based startups. #startup #funding #investment #odisha #sidbi #indianstartupnews 

In the first week of May 2024, JNK India Limited got listed and raised and amount of about Rs. 649 Cr through IPO. Jnk India Limited specializes in manufacturing process-fired heaters, reformers, and cracking furnaces for industries like oil and gas refineries, petrochemicals, and fertilizers. Further, the venture funding amount raised by startups crossed $288 Million. Funds amounting to $216 Million were raised by Mumbai based online pharmacy startup - “PharmEasy” To find out more about the latest IPO launches and investments in startups, check out the latest edition of our newsletter: The Investment Buzz #grow #learn #dontfallbehind #acupro #acuproconsulting #investmentbuzz #newsletter #investments #startup #fintech #funding #startups #finance #industrynews #industryupdates #ecommerce

#tbiinfogram Udyam Registration - Government Schemes and Incentives Indian government offers a range of programs to support MSMEs. These include credit guarantee schemes for easier loans, public procurement policies favoring MSMEs in government purchases, potential tax breaks, and even subsidies on electricity and water bills. By exploring these initiatives, MSMEs can unlock financial advantages and propel their business forward. Team Praveen Rajan | Brabasuthan Murugesan | Krishna Moorthi Govindhan | Tamilselvi Chandran #startups #startupsuccess #startuplife #startupecosystem #startupidea #innovation #entrepreneurship #msme #industries #udyamregistration #MSME #governmentsupport