Karnataka Information Technology Venture Capital Fund Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
4
- Investments
-
35
- Portfolio
-
18
- Exits
-
14
Karnataka Information Technology Venture Capital Fund General Information
Description
Founded in 1999, Karnataka Information Technology Venture Capital Fund is a State & Central Government financial institution backed Venture Capital Fund operating in the State of Karnataka. The Fund's investments focus on seed & rapid growth opportunities for SMEs & startups in the State of Karnataka. Capital is provided to companies within the industries of information technology, biotechnology, nanotechnology, semiconductor, ESDM, agro-processing, automobile components, aerospace engineering, clean energy, and the production of patented products.
Contact Information
Website
www.kitven.com
Year Founded
1999
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Other Investor Types
Angel Group
Primary Office
- Khanija Bhavan, 4th Floor
- East Wing, No 49, Race Course Road
- Bangalore, 560001
- India
+91 080 0000 0000
Karnataka Information Technology Venture Capital Fund Investments (35)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Fibroheal Woundcare | 29-Nov-2022 | Later Stage VC | 00000 | Medical Supplies | Generating Revenue | 000000000 000000 0000000000 |
| 0000000 000000 | 04-Mar-2022 | 00000 00000 | 00.000 | Electronic Equipment and Instruments | Generating Revenue | |
| 000000000 00000000 | 20-Sep-2021 | 00000 00000 | 00000 | Medical Supplies | Generating Revenue | |
| 0000 00000000 | 06-Mar-2021 | 00000 00000 | Biotechnology | Generating Revenue | ||
| 00000000 | 20-Jan-2021 | 00000 00000 | 000 | Application Specific Semiconductors | Generating Revenue | |
| 00000000 | 08-Sep-2020 | 00000 00000 | 00.000 | Biotechnology | Generating Revenue | |
| 00000000 000000000 | 17-Oct-2019 | 00000 00000 | 00000 | Biotechnology | Generating Revenue | |
| 000000 000 | 27-Jun-2019 | 00000 00000 | 00.00 | Specialty Chemicals | Generating Revenue | 000000000 000000 0000000000 |
| Bellatrix Aerospace | 20-Jun-2019 | Seed Round | 00.000 | Aerospace and Defense | Generating Revenue | |
| BluArmor | 30-Jan-2019 | Early Stage VC | 00.000 | Electronics (B2C) | Generating Revenue |
Karnataka Information Technology Venture Capital Fund Exits (14)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Pinaka Aerospace Solutions | 30-Jun-2022 | Merger/Acquisition | |
| 0000000000 | 01-Aug-2021 | 000000000 00000000 | |
| 0000000 | 01-Feb-2021 | 000000000 00000000 | |
| 00000000 000000000 | 08-Sep-2019 | 000000000000000000 | 0000 |
| 000000000000 | 31-Aug-2017 | 000000000000000000 | 00000 |
| 0000000 000000 | 01-Aug-2017 | 000 00 00000000 | |
| 000000 | 18-Apr-2017 | 000000000000000000 | |
| 00000 0000000 | 01-Dec-2016 | 000 00 00000000 | |
| Farcast Biosciences | 28-Aug-2016 | Later Stage VC | 000.00 |
| Pawaa Software | 06-Aug-2015 | Merger/Acquisition | 000 |
Karnataka Information Technology Venture Capital Fund Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Karnataka Information Technology Venture Capital Fund Team (5)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Jayakumar Arkoni Raghupathy | Chief Executive Officer | 0 | 0 | 0 | Bangalore, India |
| M S Srikar | Managing Director | Bangalore, India | |||
| Manish Belmannu | Assistant Vice President | 0 | 0 | 0 | Bangalore, India |
| Ekroop Caur Ph.D | Managing Director | 0 | Bangalore, India |
Karnataka Information Technology Venture Capital Fund Co-Investors (34)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| StartupXseed Ventures | 2 | 0 |
|
|
|
| Emerald Technology Ventures | 0 | 0 |
|
|
|
| Kotak Private Equity Group | 0 |
|
|
||
| Seventure Partners | 0 | 0 |
|
|
|
| Vistra ITCL | 0 |
|
|