Vishal Shankla
Karnataka schemes

Karnataka Information Technology Venture Capital Fund (KITVEN)

Venture Capital Fund (KITVEN Fund-5)

EQUITYKARNATAKASTATE SCHEME

What it is for

A state-backed INR 100 crore venture capital fund making equity investments in high-potential, growth-stage deep-tech and emerging-tech startups (AI/ML, EVs, MedTech, Robotics, Drones and similar).

Who can apply

Startups meeting the state's startup definition, whose products have completed proof-of-concept and are generating revenue; companies with commercially viable patents/IP are especially encouraged.

What you get

Equity investment from the INR 100 crore KITVEN Fund-5; the fund's stake in any single investee is capped at 30%.

How to apply

Apply directly through the KITVEN portal, which carries fund details and the application/proposal process.

Best suited for

Revenue-generating, growth-stage deep-tech startups in Karnataka seeking equity capital rather than a grant.

Official links

Karnataka state scheme, summarised from the Karnataka Startup Policy 2025-2030 and its operational manual, last reviewed 2026-09-08. Amounts and eligibility are indicative — always confirm against the live scheme guideline before acting.