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VC fund (Cat II) · SEBI registry

Canara Bank Venture Development Trust

Growth (Series C+) · Deep Tech (AI/ML/Robotics) · Bengaluru

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At a glance

Stage focus
Growth (Series C+)
HQ / office
Bengaluru, Karnataka (Basavanagudi)
Fund registered
2015
Investments on record
128
Corpus (as reported)
~₹1,717 crore total AUM — 6 direct VC funds (~₹790 crore) plus the Electronics Development Fund (FoF, ~₹927 crore)

About

Canara Bank Venture Development Trust is a Cat II AIF managed by Canbank Venture Capital Fund Ltd (CVCFL), a wholly owned subsidiary of public-sector Canara Bank and one of India's earliest VC managers (100+ companies invested). SEBI reg. IN/AIF2/15-16/0206.

Investment focus

Venture / growth capital in companies with an established technological or market edge — healthcare, AI/deep-tech, fintech, automotive

SEBI registration

SEBI AIF Category II — reported as “Cat II

  • IN/AIF2/15-16/0206

SIDBI Fund of Funds

Yes — Manager (Canbank Venture Capital Funds Ltd, CVCFL) is a wholly-owned subsidiary of Canara Bank (PSU bank) and is appointed by MeitY/Government of India as Fund Manager of the Electronics Development Fund (EDF, Rs 927 Cr FoF), with MeitY as anchor investor and Canara Bank as Trustee/Sponsor

Notable portfolio

CoRover; QubeHealth; Renalyx Health Systems; Effigo; Biddano; Zyla Health; KRSV Innovative Auto Solutions

Team & organisation

Canara Bank Venture Development Trust — Category II AIF (SEBI IN/AIF2/15-16/0206); managed by Canbank Venture Capital Funds Ltd (CVCFL), a Canara Bank subsidiary; multi-fund VC platform (also Canbank Venture Capital Growth Trust IN/AIF2/24-25/1742 and Canbank Venture Capital Fund Cat I IN/AIF1/25-26/1867)

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Frequently asked

What does Canara Bank Venture Development Trust invest in?
Venture / growth capital in companies with an established technological or market edge — healthcare, AI/deep-tech, fintech, automotive
How do I pitch Canara Bank Venture Development Trust through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Similar investors

About this record

  • Government / PSU bank-owned VC manager (Canara Bank subsidiary)

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.canbank.vc; https://www.canbank.vc/funds.php