AVGC Venture Fund |
Organization | Karnataka Government |
Source of funding | Government |
Scheme | AVGC Venture Fund |
Type of funding | Equity |
Funding Amount | 0 |
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 funding | Rs 50 lakh to Rs 2 crore |
Target investees | All sectors |
Note | The 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
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Purpose | A fund focused on enterprises engaged in Animation, Visual Effects, Gaming and Comics (AVGC) sector and other related businesses. |
Focus area | IT/ITES/Communications |
Provides Funds For | A, B, C, D, E, |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |