SIDBI Venture Capital

Established in 1999, SIDBI Venture Capital is a venture capital firm based in Mumbai, India. It invests in micro, small, and medium enterprises across various sectors including life sciences, retail, light engineering, food processing, agriculture, information technology, infrastructure services, healthcare, logistics, and distribution. The fund focuses on seed, early stage, and growth investments, typically allocating between $0.12 million to $4.57 million per company. It structures investments through equity and equity-type instruments, seeking board representation but not majority stakes.

Debraj Banerjee

Senior Fund Manager

Forum Bhagat

Investment Principal

Chintan Gandhi

Fund Manager

Arup Kumar

Managing Director

Sajit Kumar

Senior Vice President

SP Singh

Chief General Manager

Past deals in Organic Food

Vahdam India

Venture Round in 2025
Vahdam India, established in 2014 and headquartered in New Delhi, is a specialty tea company that produces and sells a diverse range of premium teas globally. It offers black, white, green, oolong, chai, signature blend, and organic teas, along with curated gifts and assortments. Vahdam's unique business model involves sourcing teas directly from Indian plantations and delivering them fresh to customers worldwide, bypassing traditional middlemen. This approach ensures superior quality and provides better returns to farmers. The company also operates an online platform for direct sales to consumers.

Vahdam India

Venture Round in 2025
Vahdam India, established in 2014 and headquartered in New Delhi, is a specialty tea company that produces and sells a diverse range of premium teas globally. It offers black, white, green, oolong, chai, signature blend, and organic teas, along with curated gifts and assortments. Vahdam's unique business model involves sourcing teas directly from Indian plantations and delivering them fresh to customers worldwide, bypassing traditional middlemen. This approach ensures superior quality and provides better returns to farmers. The company also operates an online platform for direct sales to consumers.

Nourish You

Series A in 2025
Nourish You partners with local farmers in India to deliver high-quality organic food directly to consumers. They specialize in producing and distributing certified organic snacks made from quinoa and chia seeds, focusing on gluten-free, non-GMO products.

True Elements

Seed Round in 2021
True Elements is a brand dedicated to enhancing the quality of life through nutritious food options. They offer a wide variety of products, including breakfast cereals, grains, raw seeds, and roasted snacks, all made from 100% natural ingredients and whole grains. Emphasizing both health and taste, True Elements ensures that their offerings not only provide functional benefits but also satisfy consumer cravings for delicious snacks. The company specializes in organic wellness products, including high-protein, plant-based snacks such as seed mixes, berries, muesli, and oats. By focusing on wholesome ingredients and quality, True Elements aims to inspire hope and positivity in consumers through their naturally nourishing food choices.
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