Karnataka Information Technology Venture Capital Fund

Overview

KITVEN Fund is the brand name for a series of SEBI-registered venture capital funds managed by Karnataka Asset Management Company Private Limited (KAMCO), sponsored by Karnataka state and central government financial institutions (KSIIDC, KSFC, SIDBI, KBITS). This specific vehicle, registered under IN/VC/98-99/007, is the original 1999-vintage Fund 1 (Rs 15 crore, IT-focused, fully invested and divested) in that five-fund family, one of India's earliest state-government-backed venture capital vehicles.

Key Facts

Vintage year

1999

Managed by

Karnataka Information Technology Venture Capital Fund

Fund size

USD 2M