Gujarat Venture Finance Ltd
From EnBase - Startup Database
Contents |
Company Name
Gujarat Venture Finance Ltd
Types of Financing
Preferred Size of Investments
Industry Focus
Contact Details
Contact Person
Vishnu Varshney
Designation
Address
1st Fl.,Premchand House Annexe,Behind Popular House,Ashram Road,Ahmedabad-380009
Telephone
Tel: 079 6581285, 6580704
vishnuad1 AT sancharnet DOT in
Fax
Fax: 079 6585226
URL
Overview
GVFL is a multi-sector player, having evolved operating procedures, which are well adapted to environments characterized by uncertainty and high risk. In this scenario, we act as a catalytic agent to further growth. We add value to our companies by strategically addressing their organizational and business challenges through active participation in recruiting, strategic direction, international relationships and financial advice.
GVFL Ltd. (formerly Gujarat Venture Finance Limited) is widely regarded as the pioneer of venture capital in India. It is an independent, board-managed, autonomous venture finance company based at Ahmedabad, Gujarat (India).
Started in 1990 at a World Bank initiative under the aegis of Gujarat Industrial and Investment Corporation (GIIC), GVFL Ltd. is a ‘classical’ venture capital company focused on funding small and medium technology-based enterprises.
Over the past 18 years, GVFL Ltd. has raised six Venture Capital Funds with a cumulative corpus of Rs. 2331.70 million. It is currently in the process of raising a SME Fund worth Rs. 2500 million of which Rs. 900 million has already been raised and the first closure of the fund has been declared. These funds are invested in 68 companies across the country, which are systematically provided financial and managerial support by GVFL Ltd. Today, The company has divested from 57 out of 68 investee companies.
Investments
| Company | Date | Round | Size | Participants |
|---|---|---|---|---|
| cell 1 | cell 2 | cell 3 | cell 4 | cell 5 |
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