VC fund (Cat II) · SEBI registry
Canara Bank Venture Development Trust
Growth (Series C+) · Deep Tech (AI/ML/Robotics) · Bengaluru
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Deep Tech (AI/ML/Robotics)
- City
- Bengaluru
- 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)
- Website
- www.canbank.vc
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)
Connect through iHub India
Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.
Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.
Work at Canara Bank Venture Development Trust? Claim this profile to keep it current and receive pitches directly.
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
VC fund (Cat II)
100Unicorns
Multi-stage · Deep Tech (AI/ML/Robotics) · Mumbai
VC fund (Cat II)
108 Capital Venture Fund
Growth (Series C+) · Not disclosed · Bengaluru
VC fund (Cat II)
247VC Investment Trust
Seed · Deep Tech (AI/ML/Robotics) · Mumbai
VC fund (Cat I)
35North India Growth Fund Trust
Growth (Series C+) · Fintech · Mumbai
VC fund (Cat II)
3IPARTNERS FUND
Multi-stage · Deep Tech (AI/ML/Robotics) · Bengaluru
VC fund (Cat I)
888vc Accelerator Fund
Seed · Deep Tech (AI/ML/Robotics) · Bengaluru
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