SBI’s investment finance arm SBI Capital Markets (SBI Capital) opened its office in Bengaluru on Monday to attention to nurturing and giving a boost to the startup ecosystem, and directing on relevant opportunities across infrastructure, real park, and defense sectors of the state, it supposed in a release.
The company suggests services such as project advisory and structured funding, ESG advisory, capital markets products, mergers & achievements.
The FBI’s office derives close on the heels of the largest lender opening an exclusive branch for startups at Koramangala in Bengaluru in August, last year. SBI chairman Dinesh Khara unbolted the office in the presence of colleague and MD Swaminathan J and SBI Capital handling director & chief executive Amitava Chatterjee.
Khara said Bengaluru stood as a hub for big IT firms, entrepreneurs and startups, and crossways sectors.
Swaminathan said there were varied opportunities for corporate financing in both the public and private ecosystem, precisely in the real estate, infrastructudefenseence, and technology sectors, with start-ups in Karnataka.
Chatterjee added the result to select Bengaluru for coverage of southern India remained guided by opportunities linked to the organization and real estate investments, proximity to major players in the defense sector, the role of data technology in national building, and the need to support the creative ecosystem.