KITVENFunds

KITVEN Fund-4 (AVGC) is an Alternate Investment Fund with corpus of Rs.20 crore, having SEBI Registration no. IN/AIF1/18-19/0555 dated 14 June 2018, AIF, Category 1- Venture Capital Fund. The Fund Manager is Karnataka Asset Management Company Pvt Ltd. and the Trustees is Karnataka Trustee Company Pvt Ltd... The Fund proposes to undertake investments in companies catering to Animation, Visuals Effects, Gaming, Comics and such other allied sectors within the State of Karnataka. The Fund has been initiated by the Department of IT, BT & ST, Government of Karnataka and participation from other State Government firms/ institutions namely KSIIDC and KEONICS.

KITVEN Fund-4 (AVGC) undertakes investment in the range of Rs.50 lakhs to Rs.100 lakhs per company during the initial stage which can be enhanced upto Rs.200 lakhs per company at a later stage / follow-on investment.

The investment in companies will be in the nature of equity, preference capital (convertible / redeemable), debentures OR combination of any of the above instruments adhering to the guidelines issued by the Securities & Exchange Board of India (SEBI) from time-to-time. The typical investment horizon would be 3-5 years although lower periods would also be considered.