The primary objective of Venture Capital is to make available long-term funds to unlisted companies in the Information Technology, Biotechnology, Nano-technology and other knowledge based industries from KITVEN Fund – 2 and agro processing, automobile components, aerospace engineering, clean energy, production of patented products and such other sectors from KARVEN Fund to :
- Develop competitive products and cutting-edge technology
- Manufacture and commercialize the product development
- Move up in the value chain
- Expand & upgrade existing capabilities to cater to a wider clientele
- Growth and expansion of an established company including product diversification and forward / backward integration
- Turnaround financing
The Fund is fully committed for investment in SMEs & startup units predominantly in the State of Karnataka
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