GVFL’s ninth fund, which is a Category-II Alternate Investment Fund, announced first closure at INR 185 Cr
GVFL will invest in emerging technology startups in the domains of edtech, healthtech, agritech, biotech, consumer business, among others
GVFL has supported 96 companies with its eight funds over the last three decades
Gujarat-based venture capital (VC) firm Gujarat Venture Finance Limited (GVFL) has announced the first close at INR 185 Cr for its ninth fund, which has a total corpus of INR 500 Cr.
The Category-II Alternate Investment Fund (AIF) is approved by the Securities and Exchange Board of India (SEBI), GVFL said.