{"id":18377,"date":"2025-10-24T18:37:58","date_gmt":"2025-10-24T13:07:58","guid":{"rendered":"https:\/\/indiaepost.com\/?p=18377"},"modified":"2025-10-24T18:38:00","modified_gmt":"2025-10-24T13:08:00","slug":"haryana-government-and-svcl-sign-rs-100-crore-contribution-agreement-for-atmanirbhar-startup-venture-fund","status":"publish","type":"post","link":"https:\/\/indiaepost.com\/index.php\/2025\/10\/24\/haryana-government-and-svcl-sign-rs-100-crore-contribution-agreement-for-atmanirbhar-startup-venture-fund\/","title":{"rendered":"Haryana Government and SVCL sign Rs 100 Crore Contribution Agreement for Atmanirbhar Startup Venture Fund"},"content":{"rendered":"\n<p>Chandigarh, October 24<\/p>\n\n\n\n<p>Haryana Industries &amp; Commerce Department and SIDBI Venture Capital Ltd. (SVCL), a wholly owned subsidiary of SIDBI, today signed a Contribution Agreement (CA) for capital commitment of Rs. 100 crores to Atmanirbhar Startup Venture Fund, a SEBI-registered Category-I Alternative Investment Fund (AIF) \u2013 Venture Capital Fund (VCF) managed by SVCL, having a target corpus of\u00a0 Rs. 250 Crores.<\/p>\n\n\n\n<p>During the recent interaction with the Startups and prominent industrialists in September 2025, Chief Minister,&nbsp; Sh. Nayab Singh Saini reaffirmed the state government\u2019s commitment to providing comprehensive support and a robust platform for startups, with a vision of positioning Haryana a global hub for innovation and scripting a new chapter of prosperity through entrepreneurship.<\/p>\n\n\n\n<p>In line with this vision, the Contribution Agreement was signed by Dr. Amit Kumar Agrawal, Commissioner &amp; Secretary, Industries and Commerce Department, on behalf of the Government of Haryana, and Sh. Arup Kumar, Managing Director and CEO, on behalf of SIDBI Venture Capital Ltd. (SVCL).<\/p>\n\n\n\n<p>This initiative is in line with the Budget Announcement of the Government of Haryana for the creation of a dedicated Venture Capital Fund to promote entrepreneurship and support youth in establishing start-ups in terms of financial assistance as well as developing market linkages. The Fund targets scalable, sustainable start-ups across diverse sectors, including AI, health-tech, agri-tech, clean energy, and more. It supports market access, business growth, and tech adoption, while encouraging private sector participation and institutional investment for start-ups in Haryana.<\/p>\n\n\n\n<p>This partnership marks a significant milestone in Haryana\u2019s journey to becoming a leading hub for innovation and entrepreneurship, and reflects the Government\u2019s commitment to building a vibrant start-up ecosystem in the state.<\/p>\n\n\n\n<p>During the signing, Sh. Yash Garg, Director General Haryana Industries &amp; Commerce Department along with officials from SIDBI Venture Capital Ltd. (SVCL) &#8211; Sh. Kiran Poojary, Asst. Vice President and CS and Ms. Pradnya S., Senior Investment Associate, were also present.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chandigarh, October 24 Haryana Industries &amp; Commerce Department and SIDBI Venture Capital Ltd. (SVCL), a wholly owned subsidiary of SIDBI, today signed a Contribution Agreement (CA) for capital commitment of Rs. 100 crores to Atmanirbhar Startup Venture Fund, a SEBI-registered Category-I Alternative Investment Fund (AIF) \u2013 Venture Capital Fund (VCF) managed by SVCL, having a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[87],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Haryana Government and SVCL sign Rs 100 Crore Contribution Agreement for Atmanirbhar Startup Venture Fund - indiaepost<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indiaepost.com\/index.php\/2025\/10\/24\/haryana-government-and-svcl-sign-rs-100-crore-contribution-agreement-for-atmanirbhar-startup-venture-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Haryana Government and SVCL sign Rs 100 Crore Contribution Agreement for Atmanirbhar Startup Venture Fund - indiaepost\" \/>\n<meta property=\"og:description\" content=\"Chandigarh, October 24 Haryana Industries &amp; Commerce Department and SIDBI Venture Capital Ltd. 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