SBI Ventures, an alternative asset manager promoted by State Bank of India (SBI), intends to raise Rs 2,000 crore for its third climate-focused fund to invest in startups.It will help unlock green growth, a new financial opportunity, SBI Ventures Managing Director and Chief Executive Officer Prem Prabhakar said while speaking at the second edition of the IVCA Green Returns Summit here.Domestic and global investors will be roped in for the fund, and the roadshow will start early next year, he said."We are ta ...

Core Viewpoint - A climate finance platform co-founded by MUFG, Japan's largest financial group, has successfully raised an initial $600 million to assist developing countries in adapting to climate change impacts [1] Group 1 - The platform aims to provide financial support specifically for countries in developing markets [1] - The funding will be utilized to address the challenges posed by climate change, enhancing resilience and adaptation efforts [1] - MUFG's involvement highlights the increasing role of financial institutions in climate finance initiatives [1]