Sidbi to rate venture capital funds before investing in them through its FoF

Sidbi to rate venture capital funds before investing in them through its FoF

A file photo of Sidbi chairman and managing director Kshatrapati Shivaji. (Livemint)

The Small Industries Development Bank of India (Sidbi) is developing an internal model to rate venture capital (VC) funds before investing in them through its fund of funds, a top official said. The idea is to ensure transparency, efficiency and lower subjectivity in making investing choices.

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