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Reports name /title Funding scheme detail
Report was generated on 03 Jul 2020 (Date based on PCT time)
Report url http://funding.venturecenter.co.in/viewrecord.php?srn=BI20170623111645
Description & notes (A) - Technology Development Funds; (B) - Patent Protection Funds; (C) - Technology In-Licensing Funds; (D) - Technology Scale-up/ Validation / De-risking Funds; (E) - Market Entry Funds; (F) - Expansion Funds;
AVGC Venture Fund
OrganizationKarnataka Government
Sub-Department / Committee
Source of fundingGovernment
SchemeAVGC Venture Fund
Type of fundingEquity
Funding Amount0
Description Rs.50 lakhs to Rs.100 lakh in early stage which can be enhanced upto Rs.200 lakhs per company at a later stage / follow-on investment.
Range of fundingRs 50 lakh to Rs 2 crore
Target investeesAll sectors
NoteThe investment in companies will be in the nature of equity, preference capital (convertible / redeemable), debentures OR combination of any of the above instruments adhering to the guidelines issued by the Securities & Exchange Board of India (SEBI) from time-to-time. The typical investment horizon would be 3-5 years although lower periods would also be considered.Also known as KITVEN fund-4
PurposeA fund focused on enterprises engaged in Animation, Visual Effects, Gaming and Comics (AVGC) sector and other related businesses.
Focus areaIT/ITES/Communications
Provides Funds For A, B, C, D, E,
Scheme TypeOngoing scheme
Recommended scheme
Scheme statusLive scheme
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