SMBC to invest $200 million in Indian startups amid booming IPO market as demand from investors rises

SMBC plans to deploy the remaining funds by 2026, with approximately 25% designated for startups in Singapore, Indonesia, and Vietnam. The investment comes at a time when the Indian IPO market is experiencing significant growth, reflecting rising interest from investors.
Since its launch, SMBC's fund has committed $100 million to diverse startups including Vayana Pvt, Modifi, and M2P Solutions Pvt. This strategic move illustrates the confidence in the Indian startup ecosystem, particularly as investor demand increases amid favorable market conditions.
Analysts believe that SMBC’s focus on Indian startups signals a broader trend among international investors looking to tap into one of the world’s fastest-growing markets, buoyed by technological advancements and an expanding digital economy.

Sumitomo Mitsui Banking Corporation (SMBC) will invest $200 million in Indian startups in response to rising investor demand and a booming IPO market. The fund, co-managed by SMBC, has already allocated $100 million to twelve startups across India and Southeast Asia since its inception.