Canbank Venture Capital Fund Ltd (CVCFL) is a wholly owned Subsidiary of Canara Bank. Canbank Venture Capital Fund is India’s First and Only Public Sector Bank sponsored Venture Capital Fund, set up in 1989. The Fund is registered with SEBI.
Four Venture Capital Funds with an aggregate corpus of around INR 1200 Million launched till date. The portfolio investments are spread across diverse industrial segments.
Canbank Venture Capital Fund Ltd (CVCFL) intends to set up a new, general, close-ended Venture Capital/Private Equity Fund with a corpus of INR 5000 Million shortly. In this regard, proposals have been invited from consultancy firms of repute for appointment as Advisors for setting up the new Fund.