# KITVEN FUND: portfolio, investments and team

> KITVEN FUND is a vc firm based in India. 11 investments on record, latest Jan 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/kitven-fund (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# KITVEN FUND

Last cheque observed Jan 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Seed Series A Information Technology Biotechnology Nanotechnology

Follow KITVEN FUND and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fkitven-fund)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 11 on record

Since the last cheque **2832** days **00** hrs **00** min **00** sec

Median round **$1.4M** Rounds led **0 of 11** Sole investor **7 rounds** Exits **1 from the portfolio** Mostly in **India, 80%**

Pitch KITVEN FUND

## KITVEN FUND highlights

- 01 11 rounds on record
- 02 Mostly Series A and Seed: 100% of its rounds
- 03 Sole investor in 7 rounds, median $409K
- 04 1 exits from the portfolio

## What they do

> Karnataka Information Technology Venture Capital Fund (KITVEN Fund) is a State & Central Government financial institutions backed Venture Capital Fund (VCF) From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Information Technology Biotechnology Nanotechnology
- **Based in:** Bengaluru, India
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **11 appearances**

- **2019** 1 round
- **Jan** **[AptEner](https://millionrounds.com/company/aptener)** Series A · IN · YourStory **$1.4M** With 1 other
- **2014** 1 round
- **Dec** **[Avekshaa Technologies](https://millionrounds.com/company/avekshaa-technologies)** Seed · IN **$500K** With 1 other
- **2013** 3 rounds
- **Oct** **[Theramyt Novobiologics](https://millionrounds.com/company/theramyt-novobiologics)** Series A · IN · vccircle.com **$4.5M** With 5 others
- **Aug** **[Telematics4u Services Pvt. Ltd.](https://millionrounds.com/company/telematics4u-services-pvt-ltd)** Series A · IN **$409K** Sole investor
- **Apr** **[Channel Mentor IT](https://millionrounds.com/company/channel-mentor-it)** Series A · IN **$287K** Sole investor
- **2012** 2 rounds
- **Nov** **[Semtronics Microsystems](https://millionrounds.com/company/semtronics-microsystems)** Series A **$655K** Sole investor
- **May** **[ILANTUS Technologies](https://millionrounds.com/company/ilantus-technologies)** Series A · US **$277K** Sole investor
- **2011** 2 rounds
- **Jun** **[VIDTEQ India](https://millionrounds.com/company/vidteq-india)** Series A · IN **$360K** Sole investor
- **Mar** **[Sloka Telecom](https://millionrounds.com/company/sloka-telecom)** Series A · IN **$900K** Sole investor
- **2010** 1 round
- **Jan** **[Mitra Biotech](https://millionrounds.com/company/mitra-biotech)** Series A · IN · vccircle.com **$2.2M** With 2 others
- **2009** 1 round
- **Jun** **[Pawaa Software](https://millionrounds.com/company/pawaa-software)** Series A · US **$409K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Pawaa Software](https://millionrounds.com/company/pawaa-software)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Oct 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A

Median round joined **$1.4M** the round, not its cheque Alone, median **$409K**

Led 0 of 11 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Jan 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *10*
- Seed said *1*

Cheques by year Led Joined

2009 2019

Often in the room with

- [Accel](https://millionrounds.com/fund/accel) 2

**Pitching KITVEN FUND?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as KITVEN FUND. A count of rooms they were both in, not a relationship either has claimed.

[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)

## Quick answers about KITVEN FUND

### What does KITVEN FUND invest in?

KITVEN FUND invests most often at Series A and Seed (100% of the rounds on record), in sectors such as Information Technology, Biotechnology and Nanotechnology.

### How active is KITVEN FUND?

11 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2019.

### What has KITVEN FUND invested in recently?

Its most recent investments on record: AptEner (Series A, Jan 2019).

### How big are KITVEN FUND's cheques?

The median round it joins is $1.4M.

### Does KITVEN FUND lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

### Where does KITVEN FUND invest?

Most of the companies it backs are in India (80%) and the United States (20%).

### Is KITVEN FUND investing now?

No investments in the last 12 months; the latest was in Jan 2019.

### Who does KITVEN FUND invest alongside?

Most often Accel (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=kitven-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=kitven-fund)
