- More Info
- kitven.in
- Organization
- Karnataka Information Technology Venture Capital Fund (KITVEN Fund) (Karnataka Information Technology Venture Capital Fund (KITVEN Fund))
- Fund type
- Equity | Preference | Debentures
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Space and Aviation | Other sectors
- Target
- Private Limited Company
- Fund range
- Rs. 2 cr- Rs. 10 cr
- Fund stages
- A. Technology Development | D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
Investments in startups / SME companies catering to Artificial Intelligence, Machine Learning, MedTech, Electric Vehicles and such other Disruptive Technologies in the State of Karnataka
Purpose
Substantial portion of the funds would be enmarked for startups from tier-2/ 3 cites and women entrepreneurs.