Canbank Venture Capital Fund Ltd. (CVCFL) is a prominent financial institution dedicated to fostering the growth of ventures in India. As a subsidiary of Canara Bank, CVCFL plays a crucial role in the country's financial ecosystem. For aspiring professionals seeking a rewarding career in venture capital and financial services, CVCFL offers diverse opportunities. This guide provides an overview of CVCFL's recruitment landscape, focusing on general eligibility criteria and career prospects within the organization.
About Canbank Venture Capital Fund Limited
Canbank Venture Capital Fund Ltd (CVCFL), the Investment Manager of the Fund, is a wholly owned subsidiary of Canara Bank. CVCFL is one of the earliest Venture Capital management companies in India. CVCFL is an India-centric, Growth Capital Venture Capital Fund, with over two decades of experience in the Venture Capital / Private Equity industry in India.
The Fund has invested in several promising companies, partnered with progress, and posted successful exits. The Fund invests in businesses with an established technological or market positioning edge and good growth potential. CVCFL's professional & multi-functional team has a hands-on, pragmatic, and operational approach to value creation and building of businesses.
Canbank Venture Capital Fund Ltd has also been assigned the role of Fund Manager to house the Electronics Development Fund (EDF) by the Ministry of Electronics & Information Technology, MeitY, GoI
As part of the "Digital India" agenda of the Government of India and to develop the Electronics System Design and Manufacturing (ESDM) sector so as to achieve "Net Zero Imports" by 2020. EDF was set up by GoI as a Fund of Funds.
Official Address
Contact Information
- 080-41518461
- 91-080-25583909
- Visit Official Website
This organization has released 1 recruitment notifications in the last 3 years.
Expired / Closed Notifications
About Canbank Venture Capital Fund Ltd. Careers
| Details | Canbank Venture Capital Fund Ltd. (CVCFL) is a SEBI-registered Category I Venture Capital Fund, promoted by Canara Bank. It aims to invest in early-stage and growth-stage companies with high potential. |
| Type | Venture Capital Fund |
| Headquarters | Mumbai, India |
| Entry Gateways (Standard) | Direct Applications, Campus Placements, Specialized Financial Exams |
| Salary Range (Indicative) | ₹ 6 LPA to ₹ 20 LPA (Depending on role and experience) |
Organization Overview
Canbank Venture Capital Fund Ltd. (CVCFL) operates as a key player in the Indian venture capital landscape. As a subsidiary of Canara Bank, one of India's largest public sector banks, CVCFL benefits from strong institutional backing and a robust network. The fund focuses on identifying and nurturing promising businesses, contributing significantly to the startup ecosystem and economic development. CVCFL is committed to professional excellence and ethical business practices, making it an attractive employer for finance professionals.
Key Job Profiles
CVCFL typically recruits for roles that are central to its operations in venture capital and fund management. While specific designations may vary, common career paths include:
- Investment Analyst
- Assistant Manager (Investments)
- Manager (Portfolio Management)
- Associate (Fund Operations)
- Senior Manager (Business Development)
Salary & Benefits
Employees at Canbank Venture Capital Fund Ltd. can expect competitive remuneration packages and comprehensive benefits. Salaries are generally benchmarked against industry standards for venture capital firms and financial institutions, often aligning with the pay scales of public sector entities. Benefits may include health insurance, provident fund contributions, performance bonuses, and opportunities for professional development.
Selection Process
The selection process at CVCFL generally involves multiple stages designed to assess candidates' aptitude, domain knowledge, and fit within the organization's culture. While the exact process can vary depending on the position, it typically includes:
- Application Screening: Initial review of applications against prescribed eligibility criteria.
- Written Examination/Aptitude Test: For certain entry-level or specialized roles, candidates may have to clear a written test assessing quantitative, verbal, and analytical skills, along with domain-specific knowledge.
- Group Discussion (GD): Candidates might participate in a GD to evaluate communication skills, teamwork, and leadership potential.
- Personal Interview (PI): A final interview to assess personality, suitability, and deeper understanding of the role and the venture capital industry.
How to Crack Canbank Venture Capital Fund Ltd. Exams
Aspiring candidates aiming for a career at CVCFL should focus on building a strong foundation in finance, economics, and business management. Key strategies include:
- Domain Knowledge: Thorough understanding of financial markets, investment banking, venture capital principles, financial analysis, and valuation techniques.
- Analytical Skills: Develop strong quantitative and analytical abilities to assess investment opportunities and market trends.
- Communication Skills: Enhance both written and verbal communication for effective interaction with stakeholders, clients, and team members.
- Awareness of the Ecosystem: Stay updated with the latest trends in the startup ecosystem, fintech, and the broader Indian economy.
- Preparation for Standard Tests: If specific entrance exams or aptitude tests are announced, prepare rigorously based on the syllabus, focusing on logical reasoning, quantitative aptitude, and general awareness pertinent to the financial sector.
Disclaimer: All details are sourced from official notifications. MySarkariNaukri.com provides informational guidance only and is not affiliated with any government agency.
Verification Source: https://www.canbankvc.com/
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