*Associate Professor, CIMS-B School, Jayanagara, Bangalore
**Associate Professor, DoS in Commerce, Manasagangothri, University of Mysore, Mysore
Online published on 13 February, 2014.
Venture Capital has become the key topic of debate and is attracting more consideration at present than ever before due to fast changeable technology, emergence of new technology industries, extremely competitive global markets. In the Indian context, the studies on Venture Capital are either macro in nature covering the entire country or micro confined to a few areas of venture capital companies. Supplementary, research studies made on venture capital finance confirming to State Level Venture Capital companies are very tiny. Hence, researcher made an attempt to study venture capital on state level with special reference to KITVEN and Canbank venture capital funds in promotion of new enterprises in Karnataka. The aims of the study to know the investment of venture capital fund in state of Karnataka and enterprises promoted by the above mentioned funds. The present study is found that KITVEN fund from its inception promoted 13 enterprises by financing 5.45 US $ Million and Canbank venture Fund from its inception promoted 9 enterprises by financing 13.12 US $ Million in the state of Karnataka as on Nov 2012.
Venture Capital, venture capitalist, IT and ITES etc
