State Bank of India logo

State Bank of India

Asia, Maharashtra, India, Mumbai

Description

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

Investor Profile

State Bank of India has backed more than 18 startups, with 10 new investments in the last 12 months alone. The firm has led 3 rounds, about 17% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Debt, Debt Financing, Series Unknown rounds (top funding stages).
  • Majority of deals are located in India, Israel, Nigeria.
  • Strong thematic focus on Energy, Financial Services, Telecommunications.
  • Led 2 rounds in the past year.

Stage Focus

  • Post Ipo Debt (44%)
  • Debt Financing (33%)
  • Series Unknown (11%)
  • Series B (11%)

Country Focus

  • India (78%)
  • Israel (6%)
  • Nigeria (6%)
  • Saudi Arabia (6%)
  • Vietnam (6%)

Industry Focus

  • Energy
  • Financial Services
  • Telecommunications
  • Oil And Gas
  • Banking
  • Consumer Electronics
  • Electronics
  • Chemical
  • Retail
  • Service Industry
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does State Bank of India frequently co-invest with?

Axis Bank
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
Bank of India
Asia, Maharashtra, India, Bandra
Co-Investments: 3
Standard Chartered Bank
Europe, England, United Kingdom, London
Co-Investments: 5
HSBC
Europe, England, United Kingdom, London
Co-Investments: 4
Bank of America
North America, North Carolina, United States, Charlotte
Co-Investments: 3
Bank of Taiwan
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Citibank
North America, Texas, United States, San Antonio
Co-Investments: 3
Barclays
North America, Delaware, United States, Wilmington
Co-Investments: 2
BNP Paribas
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Sumitomo Mitsui Banking Corporation
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4

What are some of recent deals done by State Bank of India?

Ripplr

Bengaluru, Karnataka, India

Ripplr is a logistics company that offers data-driven analytics and plug-and-play systems for FMCG and e-commerce brands.

AnalyticsE-CommerceInformation TechnologyLogisticsSoftware
Series CNov 28, 2025
Numaligarh Refinery

Golaghat, Assam, India

Numaligarh Refinery is an oil company that produces oil products and operates a 3 MMTPA and 9 MMTPA refinery.

EnergyIndustrialOil and Gas
Debt FinancingNov 13, 2025
Amount Raised: $1,240,000,000
Majestic Labs ai

San Francisco, California, United States

Majestic Labs ai builds power-efficient AI servers for the largest and most advanced AI workloads.

Artificial Intelligence (AI)Software
Series ANov 10, 2025
Amount Raised: $90,000,000
Oroos Confectionery

Noida, Uttar Pradesh, India

Oroos aims to build a confectionery brand that combines quality and affordability for mass-market consumers.

Consumer GoodsFood Processing
SeedOct 29, 2025
Amount Raised: $2,266,263
TACC

Bhopal, Madhya Pradesh, India

TACC is in the commercial-scale production of graphene and its derivatives.

Carbon CaptureManufacturing
Debt FinancingOct 15, 2025
Amount Raised: $139,249,062
Fabrica Kraft

Sheridan, Wyoming, United States

Fabrica Kraft is an eCommerce store that offer sustainable handcrafted bags, jewellery, and indoor and outdoor living products.

E-CommerceHandmadeSustainabilityWholesale
Debt FinancingOct 8, 2025
Amount Raised: $22,534
Hero Future Energies

New Delhi, Delhi, India

Hero Future Energies provides clean power to industries, businesses, educational institutes, and governmental organizations.

EnergyEnvironmental ConsultingGreenTechRenewable Energy
Debt FinancingOct 6, 2025
Amount Raised: $214,926,310
Star Housing Finance

Udaipur, Rajasthan, India

Star Housing Finance is a financial services company that fulfils the EWS target's home ownership needs.

Consumer LendingFinancial ServicesResidential
Post Ipo DebtSep 26, 2025
Amount Raised: $5,636,965
KPI Green Energy

Bharuch, Gujarat, India

KPI Green Energy is solar power generating and distributing company.

HydroelectricRenewable EnergySolar
Post Ipo DebtSep 25, 2025
Amount Raised: $361,075,196
ACME Solar

Gurgaon, Haryana, India

ACME Solar designs, constructs, and operates solar power plants.

ConstructionProduct DesignRenewable EnergySolar
Post Ipo DebtSep 23, 2025
Amount Raised: $123,948,549