Karnataka Information Technology Venture Capital Fund

Karnataka Information Technology Venture Capital Fund is the famous VC, which was founded in 1999. The main office of represented VC is situated in the Bangalore. The fund was located in Asia if to be more exact in India.

Among the various public portfolio startups of the fund, we may underline Farcast, Pandorum Technologies, Theramyt Novobiologics Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has exact preference in some founders of portfolio startups. For fund there is a match between the country of its foundation and the country of its the most frequent investments - India. Among the most successful fund investment fields, there are Information Technology, Health Care.

Opposing the other organizations, this Karnataka Information Technology Venture Capital Fund works on 12 percentage points less the average amount of lead investments. The real fund results show that this VC is 2 percentage points more often commits exit comparing to other companies. The fund is constantly included in less than 2 deals per year. Deals in the range of 1 - 5 millions dollars are the general things for fund. The high activity for fund was in 2019.

The typical case for the fund is to invest in rounds with 2 participants. Despite the Karnataka Information Technology Venture Capital Fund, startups are often financed by Axilor Ventures. The meaningful sponsors for the fund in investment in the same round are Accel, Aarin Capital, Unicorn India Ventures. In the next rounds fund is usually obtained by Accel, Tata Capital, Ojas Venture Partners.

Notable deals

Review

• No reviews are submitted yet.