Karnataka Semiconductor Venture Capital Fund (KARSEMVEN Fund)

Karnataka Semiconductor Venture Capital Fund (KARSEMVEN Fund) is a SEBI registered Venture Capital Fund having a corpus of Rs. 92.95 crore. The Fund proposes to undertake investments in companies catering to Semiconductor, Electronics System Design & Manufacturing (ESDM), Embedded Systems and such other allied sectors within the State of Karnataka.

Eligibility: Early and growth stage startups in the State of Karnataka. The Fund does not undertake investment in idea /seed stage. Companies which are earning revenue from core their activities are only entertained (product / high-end services / solutions etc.).

Funding Grant: Maximum funding: Rs 9.20 Crores. Minimum funding: Rs 2 Crores.

Area: Engineering Sciences

Ministry/Dept: Karnataka Asset Management Company Private Limited (KAMCO) 

Purpose: Capacity Building

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