KITVEN Fund-3 (Biotech)
Posted 01/04/2023
| Description | KITVEN Fund-3 (Biotech) is a SEBI registered Venture Capital Fund having target corpus of Rs. 35.55 crore. The Fund proposes to undertake investments in companies catering to Biotechnology and such other allied sectors within the State of Karnataka. Currently, the Fund has received commitment from State and Central Government firms/ institutions like Karnataka Biotechnology & Information Technology Services (KBITS), Small Industries Development Bank of India (SIDBI) and KSIIDC BIRAC. |
| Provider Type Central Govt / State Govt / Private Sector | Central government |
| Provider Name | Karnataka Asset Management Company Private Limited (KAMCO) |
| Amount | 3.50 crores |
| Grant Conditions & Qualifying Criteria | Early and growth stage startups in the State of Karnataka. Investment will be undertaken only in startup companies as defined in Gazette Notification GSR 180(E) dated 17.02.2016 and as amended from time-to-time. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.indiascienceandtechnology.gov.in/funding-opportunities/startups/kitven-fund-3-biotech |
| Type of funding (Grant, Loan or Equity) | NA |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
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