Canbank Venture Capital Fund Ltd (CVCFL) Recruitment 2023 - Sarkari Naukri

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.