Small Industries Development Bank of India (SIDBI)

SIDBI is India’s Development Finance Institution. It promotes, finances and develops the Micro, Small and Medium Enterprise (MSME) sector as well as co-ordinating institutions engaged in similar activities.

Shell Foundation is working with SIDBI on an Electric Vehicle Risk Sharing Facility to unlock commercial capital for EV financiers for onward lending to low-income transporters in the two-wheeler and three-wheeler segments.