VC fund (Cat I) · SEBI registry
GVFL VENTURE CAPITAL FUND
Growth (Series C+) · IT / SaaS / Enterprise Software · Ahmedabad
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- IT / SaaS / Enterprise Software
- City
- Ahmedabad
- HQ / office
- Ahmedabad, Gujarat (Nehrunagar, Satellite)
- Fund registered
- 2025
- Investments on record
- 125
- Website
- gvfl.com
- Profile ↗
About
GVFL Limited (formerly Gujarat Venture Finance Limited) is one of India's pioneer venture capital firms, set up in 1990 at the World Bank's initiative and based in Ahmedabad. It has run nine funds backing 110+ startups, with a recent INR 200 cr seed-stage 'Prarambh Fund'. [contact on file] is the registered company-secretary email, consistent with its official domain.
Investment focus
Early- and growth-stage venture capital in tech-backed startups — B2B SaaS, healthtech, agritech, climate/clean-tech, deep-tech, consumer/D2C and enterprise tech
Cheque size
Firm-wide INR 0.25-20 Cr (growth/venture stage)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category I — reported as “Cat I”
- IN/AIF1/25-26/2005
SIDBI Fund of Funds
Yes — GVFL platform created by Govt of Gujarat and World Bank (1990); funds backed by Govt of Gujarat, SIDBI, LIC, NABARD, BIRAC. (gvfl.com)
Notable portfolio
Petpooja; Gamerji; Growit; Evify; Axio Biosolutions; Clientjoy; Ghost Kitchens; Canvaloop
Team & organisation
~12 core investment professionals (firm ~58 employees)
Trust-structured Category I AIF (Venture Capital) managed by GVFL Limited (Gujarat Venture Finance Ltd) with GVFL Trustee Company Pvt Ltd; multi-fund platform
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Frequently asked
- What does GVFL VENTURE CAPITAL FUND invest in?
- Early- and growth-stage venture capital in tech-backed startups — B2B SaaS, healthtech, agritech, climate/clean-tech, deep-tech, consumer/D2C and enterprise tech
- What cheque size does GVFL VENTURE CAPITAL FUND write?
- As compiled from public sources: Firm-wide INR 0.25-20 Cr (growth/venture stage)
- How do I pitch GVFL VENTURE CAPITAL FUND 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.
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About this record
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://gvfl.com/; https://in.linkedin.com/company/gvfl