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Small Industries Development Bank of India (SIDBI)

Strategic pillar: Scale partnership
Customer group: Transporter
Region: Asia
Partner since: 2023
Joint partners FCDO
FCDO funding type: TIME
Technology: Electric vehicle financing

About

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.

Project Focus

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.