Investment Objectives
The primary objective of the present Venture Capital Funds is to make available long-term capital requirement (equity and equity related instruments) to unlisted SMEs/ Startups etc. in the Semiconductor, ESDM, Biotechnology, Animation, Visual Effects, Gaming, Comics and other allied sectors which can bring commercial value to stakeholders and to will have widespread positive impact on the economy. The funds can be utilized to :
- Develop competitive and cutting-edge technology/ products
- 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
Investment Criteria
The Fund is fully committed for investment in SMEs & Startup units predominantly in the State of Karnataka
The Fund does not undertake investment in idea /seed stage. Companies which are earning revenue from core their activities are only entertained (product / high-end services / solutions etc.). The Fund supports companies for enhancing their existing offering to customers and also expand / diversify using core competency which will enhance shareholder value.
The parameters that would determine an investment decision include :-