Policy

Karnataka launches VC fund for SMEs

Our Bureau Bangalore | Updated on May 28, 2012

Karnataka Asset Management Company has launched a new fund called the Karnataka Venture Capital Fund for small and medium enterprises.

A company press release said that KARVEN has been registered with SEBI with a corpus of Rs 10 crore.

The AMC will undertake investments in the range of Rs 10 lakh to Rs 100 lakh. It also manages the Karnataka Information Technology Venture Capital Fund and KITVEN 2.

Published on May 28, 2012

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