SBI Foundation

What SBI Foundation does

SBI Foundation is a Section 8 company and wholly-owned subsidiary of State Bank of India, established in 2015 to serve as the dedicated CSR arm of the bank and its subsidiaries. The foundation implements social development programs in education, healthcare, rural development, women empowerment, environmental sustainability, disability inclusion, sports, and livelihood/skilling, operating nine flagship verticals: Integrated Learning Mission, Jivanam, Gram Seva, Sashakti, CONSERW, Centre of Excellence for PwDs, ACE, LEAP, and the Asha Scholarship program, alongside the Youth for India Fellowship. Program delivery is executed through a network of 65+ partner NGOs, government departments, and academic institutions, and the foundation reports cumulative impact of 3.15 Cr+ lives across 350+ live projects in 28 states and 8 union territories.

The foundation does not sell products or services commercially. Its revenue is sourced entirely from CSR budget allocations provided by its parent, State Bank of India, under India's mandatory CSR framework, and is distributed as grants, scholarships, and project funding to implementing partners and beneficiaries. Pricing models are not applicable. Operational technology includes AI/ML-enabled tools deployed in specific programs, such as the SMART CROP platform (satellite imagery, thermal detection, real-time dashboards), the Mahachatur AI chatbot built with META AI for apprenticeship guidance, the Auticare AI and XR therapy platform for children with autism, and computer-vision-based geo-tagging for afforestation. Strategic research and technology partnerships with IIT Bombay, IIM Bengaluru (NSRCEL), ICAR-IIRR, PJTAU, C-CAMP, and Villgro indicate a growing tilt toward technology-enabled and research-backed interventions.

SBI Foundation is headquartered in Mumbai at the World Trade Center, Cuffe Parade, and operates with 101–250 employees. Its leadership is drawn primarily from SBI group executives, with the SBI Chairman serving as Nominee Director and Chairman of the foundation, supplemented by independent directors and a full-time Managing Director. The organization is governed by a board comprising nominee directors from SBI's leadership and from key subsidiaries (SBI Funds Management, SBI Life Insurance), and reports multiple industry awards between 2020 and 2025 across CSR, sustainability, social impact, and menstrual hygiene categories.

Name

SBI Foundation

Legal name

SBI Foundation

Website

https://sbifoundation.in

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

SBI Foundation is the CSR arm of State Bank of India, running nine flagship programs in education, healthcare, rural development, women empowerment, environment, disability inclusion, sports, and livelihoods, impacting 3.15 Cr+ lives across India through NGO and government partnerships.

Ownership category

akta.pro rank

Product category

CSR and Social Development Foundation

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

akta.pro secondary industry

Results-Based Financing (RBF) & Performance-Based Grants (BPADAOAF)

Keywords

• Corporate social responsibility
• Rural development programs
• Education and healthcare
• Women empowerment initiatives
• Environmental sustainability projects

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. CSR Funding from State Bank of India: SBI Foundation is funded through Corporate Social Responsibility allocations from State Bank of India. As a Section 8 company and subsidiary of SBI, the foundation does not generate commercial revenue but operates on CSR budget allocations from its parent organization.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

SBI Foundation is the Corporate Social Responsibility (CSR) arm of State Bank of India, operating as a Section 8 non-profit company. It implements nine flagship programs covering integrated education, primary healthcare, rural development, women empowerment, environmental conservation, disability inclusion, sports support, livelihoods/skilling, and scholarships, delivered through partnerships with 65+ NGOs, government departments, and academic institutions across 28 states and 8 union territories in India.

Product overview

SBI Foundation operates as a Section 8 company and subsidiary of State Bank of India, established to undertake CSR activities. The foundation runs 9 flagship programs: Integrated Learning Mission (education), Jivanam (healthcare), Gram Seva (rural development), Sashakti (women empowerment), CONSERW (environment), Centre of Excellence for PwDs (disability inclusion), ACE (sports), LEAP (livelihoods), and Asha Scholarship. Additionally, it manages the Youth for India Fellowship. Each program addresses specific social development needs through partnerships with NGOs, government bodies, and communities, collectively impacting over 3.15 crore lives across 28 states and 8 UTs.

Differentiator

Problem solved

Functional benefit

Brands

• Gram Seva: Rural development program for holistic socio-economic development of villages, launched in 2017
• Jivanam
• Sashakti
• CONSERW
• Centre of Excellence for PwDs
• ACE
• LEAP
• Integrated Learning Mission (ILM)
• Asha Scholarship
• Youth for India Fellowship
• SBI Sanjeevani
• SBI Raita Bandhu

Products and services

• Integrated Learning Mission (ILM) Education vertical focused on making quality and inclusive education accessible through curriculum development, school governance, stakeholder capacity building, and scholarships. Reaches approximately 2.5 crore students across 7,000+ schools with 65+ partner NGOs, targeting underprivileged students from economically weaker backgrounds.
• Jivanam Healthcare vertical making healthcare accessible and affordable for vulnerable populations through primary healthcare, cancer care, palliative care, eye care, mental health support, organ donation, and technology innovation. Has impacted over 27,60,000 lives across 28 states and 5 union territories, including mobile medical services serving rural communities.
• Gram Seva Integrated rural development program for holistic socio-economic development of rural India through village adoption. Covers livelihoods, healthcare, WASH, education, infrastructure, environment, digitalisation, women empowerment, and youth development. Has adopted 235 villages across 25 states, impacting over 3 lakh lives through 600+ villages.
• Sashakti Women empowerment vertical facilitating safety, security, and freedom for women, working with marginalized groups including survivors of sex trafficking, destitute women, and widows. Provides psychosocial counselling, shelter homes, livelihood interventions, and skill development. Has impacted 46,080+ women across 12 states.
• CONSERW Environment and sustainability flagship program focused on conservation through sustainable engagement, restoration, and wildlife protection. Covers circular economy, renewable energy adoption, restoration of vulnerable ecosystems, and wildlife conservation. Has committed to planting 74.52 lakh saplings and recycled 6,734 metric tonnes of waste.
• Centre of Excellence for PwDs

Quantifiable outcome

• 3.15 Cr+ total lives impacted
• +5 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Partnerships

19 partnerships are on record, tiered core, major and minor.

• ICAR - Indian Institute of Rice Research (IIRR)coreStrategic or Co-development Partner · 26 March 2024Partnership for Direct Seeded Rice initiative in Telangana (2024-26) covering 1,000 farmers across Nalgonda and Khammam districts, demonstrating 8-13% higher yields and 21-23% cost reduction.
• IIT BombaymajorStrategic or Co-development Partner · 19 September 2023SBI Foundation granted Rs 22.5 crore to establish the SBI Foundation Hub for Data Science and Analytics at IIT Bombay.
• Sankalpa Rural Development SocietycoreImplementation/ SI/ Consulting PartnerImplementation partner for Gram Seva program, Gram Saksham, water conservation (Raita Bandhu Project), and Sanjeevani Mobile Medical Services in Karnataka and other states.
• Arushi SocietycoreImplementation/ SI/ Consulting PartnerImplementation partner for Centre of Excellence for PwDs - Samagra Shiksha project providing early intervention services to children with Autism Spectrum Disorder in Bhopal.
• Centre for Community Initiative (CCI), ManipurcoreImplementation/ SI/ Consulting PartnerImplementation partner for Samagra Shiksha Project supporting children with Autism Spectrum Disorder in Manipur.
• SKF Elixir India Pvt LtdminorStrategic or Co-development PartnerCo-funder for Moodubidire lake restoration project in Karnataka, supporting water body documentation and restoration efforts.
• Green SquadminorImplementation/ SI/ Consulting PartnerPartner for Mysuru sanitation initiative, providing monitoring support and brooming machine for street cleaning.
• Buddy4Study India FoundationcoreImplementation/ SI/ Consulting PartnerTechnical management partner for SBI Asha Scholarship program, handling application processing and scholarship disbursement.
• VillgromajorStrategic or Co-development PartnerPartnership to support entrepreneurship and climate resilience in agriculture, backing social innovators in Bharat.
• C-CAMP (Centre for Cellular and Molecular Platforms)majorStrategic or Co-development PartnerPartnership for AMR Grand Challenge (antimicrobial resistance innovation) and LEAP Centre of Excellence for Deep Science Entrepreneurship.
• NSRCEL, IIM BengalurumajorStrategic or Co-development PartnerPartnership for Incubating Incubators Initiative (i-Cube) supporting capacity-building of five emerging incubation centres in underserved regions.
• University of Agricultural Science, RaichurcoreStrategic or Co-development PartnerPartner for SMART CROP project providing AI/ML-based crop monitoring, precision farming tools, and real-time dashboards to 8,200 farmers.
• Professor Jayashankar Telangana Agricultural University (PJTAU)coreStrategic or Co-development PartnerSBI Chairman inaugurated first-phase Agri Robotics Laboratory at PJTAU with funding support from SBI Foundation.
• AssisTech FoundationcoreStrategic or Co-development PartnerPartnership for cATalyst Programme supporting 11 startups developing products for persons with disabilities.
• Yuvaraj Singh FoundationminorStrategic or Co-development PartnerPartnership for Cancer Care Project in Uttar Pradesh providing cancer screening devices (iBreast, Sascan, Velscope).
• CCL (Central Coalfields Limited)minorStrategic or Co-development PartnerCo-funder for TB elimination campaign in Jharkhand along with BCCL.
• NITI AayogmajorGTM or Marketing PartnerYouth for India Fellowship alumni placement organization; fellowship program supports sustainable development in rural communities.
• NSDC (National Skills Development Corporation)majorStrategic or Co-development PartnerMoU signed for skills development initiatives and livelihood programs.
• CREA (Centre for Advocacy and Research)coreImplementation/ SI/ Consulting PartnerPartnership for women empowerment initiatives including healthcare advocacy for marginalized communities and sex workers.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Bill & Melinda Gates Foundation (India): Global philanthropic foundation with extensive India operations in health, nutrition, sanitation, and agriculture. Comparable in terms of multi-state grantmaking and impact measurement approach, though operating at vastly larger scale and with endowment funding model.
• Reliance Foundation: Corporate foundation of Reliance Industries focused on rural transformation, health, education, disaster response and sports. Comparable as a large corporate-backed philanthropy operating multi-vertical programs across India.
• Tata Trusts: One of India's oldest and largest private philanthropic foundations with deep programs across health, education, water, and rural development. Comparable in thematic breadth and pan-India scale, though with a longer history and endowment model.

Direct peers

• Bharti Foundation: CSR arm of Bharti Enterprises focused primarily on rural education through the Satya Bharti school network. Comparable corporate foundation with multi-state footprint and operating-model approach (vs pure grantmaking).
• Infosys Foundation: CSR arm of Infosys focused on education, health, rural development, and arts. Comparable corporate foundation with similar thematic verticals and partnership-based delivery, though backed by IT sector rather than banking.
• Axis Bank Foundation: CSR arm of Axis Bank focused on sustainable agriculture and rural livelihoods. Comparable as a private-sector bank CSR foundation with strong rural focus and NGO-led implementation model.
• ICICI Foundation: CSR arm of ICICI Bank executing economic empowerment, healthcare, and skilling programs across India. Directly comparable as another large private bank CSR foundation with similar thematic verticals and partnership-based delivery.
• HDFC Foundation: CSR arm of HDFC Bank (India's largest private sector bank) running similar education, health, and livelihood programs. Directly comparable as a bank-backed CSR foundation with parallel multi-state operations and grantmaking model.
• Kotak Mahindra CSR (Kotak Karma): CSR program of Kotak Mahindra Bank covering health, education, and livelihood. Comparable bank-led CSR with grantmaking and NGO-partnered delivery across multiple Indian states.
• PNB CSR / PNB Foundation initiatives: CSR programs of Punjab National Bank, India's second-largest public sector bank. Directly comparable as a PSU bank CSR function with similar public-sector context, beneficiary focus on weaker sections, and project-based grantmaking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/SBI_FOUNDATION
• Facebookfacebook.com/SBIFoundationIndia
• LinkedInlinkedin.com/company/sbi-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

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M&A

Investments12 records

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Frequently asked questions about SBI Foundation