Gujarat Venture Finance Ltd

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One of India’s pioneering venture finance organization, GVFL provides financial and managerial support to innovative entrepreneurs in setting up high growth and technology-oriented companies. GVFL manages five funds — GVCF 1990, GVCF 1995, GVCF 1997, Gujarat Information Technology fund and Gujarat Biotechnology Fund with a total corpus of Rs 132 crores. The fund is invested across India in 57 companies, with investments ranging from Rs 10 million to Rs 100 million. These companies include Parsec Technologies Ltd, Scicom Infotech Pvt Ltd, Neilsoft Ltd, Deccanet Designs Ltd, E-Infochips Ltd, Net4Nuts Ltd, E-Cube (I) Solutions Ltd, Anupam Infosys Ltd, Icenet.Net Ltd, etc. It has already made divestment from 43 companies. GVFL has a special focus on IT/ITES and telecom deals.

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