Madhya Pradesh MSME Fund Trust

Business Description

Madhya Pradesh MSME Fund Trust was established by the Government of Madhya Pradesh to create and support venture-capital funding for startups and SMEs in the state. Its first vehicle, the Madhya Pradesh SME Innovation Fund, was structured with a target corpus of ₹100 crore plus a ₹50 crore green-shoe option, with Madhya Pradesh Venture Finance Limited serving as investment manager. The fund was intended primarily for innovative, scalable and sustainable businesses and projects benefiting Madhya Pradesh. Scribd The trust is focused on venture investment in SMEs and startups rather than conventional asset management. Its SEBI registration is recorded as Category I AIF, and the fund is associated with the state government's broader startup and MSME financing initiatives