Karnataka Information Technology Venture Capital Fund

About The Fund

Karnataka Information Technology Venture Capital Fund (KITVEN Fund) is a Venture Capital fund backed by State & Central Government financial institutions, primarily operating in the State of Karnataka. KITVEN Fund is dedicated to driving seed and rapid growth investment opportunities in small and medium-sized enterprises (SMEs) as well as startups located in Karnataka. Focusing on a wide spectrum of industries, KITVEN provides capital to companies engaged in information technology, biotechnology, nanotechnology, semiconductor, Electronic System Design and Manufacturing (ESDM), agro-processing, automobile components, aerospace engineering, and clean energy. They also have an interest in the production of patented products. These sectors embody the frontiers of innovation and entrepreneurship in today's technology and manufacturing sphere, especially within the State of Karnataka. With a minimum investment threshold set at 250,000 and a maximum cap of 3,600,000, they position themselves to foster growth at various stages of a company's development. By infusing firms with much-needed capital, KITVEN furthers their goal of strengthening and accelerating the growth of the high-tech industry in Karnataka. Their commitment to invest in the future of technology and sustainable practices is further demonstrated through their interest in the clean technology sector. This reflects an understanding of the vital importance of sustainability in rural business practices. KITVEN's approach to venture capital investment is comprehensive, covering multiple facets of technological and industrial innovations, thus contributing to the creation of a robust and dynamic entrepreneurial ecosystem in the region.