Karnataka Information Technology Venture Capital Funds

Karnataka Information Technology Venture Capital Fund (KITVEN) is Rs.26.25 Crore, SEBI registered, Venture Capital Fund launched during the FY 2008-09 and undertakes investments in units catering to Information Technology, Bio-technology, Electronic design, Nano-technology and other knowledge based industries within the State of Karnataka. The Fund received subscriptions from premier financial institutions namely Karnataka State Industrial and Infrastructure Development Corporation Limited – KSIIDC (Rs.6.25 Crore), Karnataka State Financial Corporation – KSFC (Rs.7.50 Crore), Small Industries Development Bank of India – SIDBI (Rs.7.50 Crore) and Karnataka Bio-technology and Information Technology Services – KBITS (Rs.5.00 Crore).

Venture capital
Name of venture capital  Karnataka Information Technology Venture Capital Funds
Sector  Electronics, EDA, IC design
City  Bangalore
Nature  Govt. venture fund
Contact detail No.403, 4th Floor, HVS Court, No.21 Cunningham Road, Bangalore-560052. India.
Phone: +91-80-22285627, 22386836
Fax: +91-80-22386836
Email: kitven@vsnl.net

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