SIDBI’s venture fund sows banana exporter with social-impact cash

Small Industries Development Bank of India (SIDBI)’s social-impact venture capital fund has backed a firm that exports fruit including bananas, two persons in the know told VCCircle. Samridhi Fund has put Rs 20 crore ($2.8 million at current exchange rate) in Mumbai-based InI Farms Pvt. Ltd. Email queries to Samridhi Fund and ......