KITVEN Fund is a Rs. 15 Crore, 10 year, close-ended Venture Capital Fund conceptualized and funded by Karnataka State Industrial Investment and Development Corporation Limited (KSIIDC), Karnataka State Financial Corporation (KSFC) and Small Industries Development Bank of India (SIDBI). KITVEN Fund is registered with Securities and Exchange Board of India (SEBI) and is dedicated to investing in companies in the Information Technology industry.

THE CONCEPT

Venture Capital is not seed money, term loan or soft loan. VCs become part owners of the Venture as they take risk. The growing knowledge based industries, lack of security margin, promoters' inability to meet institutional rigid, norms, fast changing technology etc, calls for Venture Capital. We assess the Projects, Promoters, Scalability and find the scope for good returns. Lot of support services & linkages are ensured.