Venture Capital


GVFL Limited is widely regarded as pioneer of Venture capital in India.Founded in 1990 at the initiative of World Bank and Government of Gujarat, GVFL has supported ventures working on cutting edge of technology as well as encouraged entrepreneurs with innovative ideas (Startups).Since inception, GVFL has raised eight venture capital funds which have supported nearly 90 companies. GVFL has recently won ‘Best Technology Venture Fund Manager – India 2018’ award from, UK.

Over the years, GVFL has focused on providing Venture Capital to early stage companies and start-ups and has gained deep insight into the growth cycle of such innovative companies. Itssuccess can be attributed to passion for detailed assessment of market viability and management credentials, as well as broad spectrum support to the funded entities ranging from strategic direction to governance support.

GVFL seeks to develop next generation business leaders who can build sustainable organizations, deliver better results and in process share the rewards with all stakeholders.

GVFL has recently launched ‘GVFL Startup Fund' that focusses on early growth stage startups and MSMEs which are NOT ‘me-too’ business and have following characteristics:

  • Innovativeness - new or improved product, services or process
  • Technology either as differentiator or enabler
  • Proven product or service offering
  • Market validation on commercial basis
  • Initial revenue growth
  • Scalable business model
  • Large market
  • Strong team credentials

Office Address:

1stFloor, Premchand House Annexe,
B/h Popular House, Ashram Road,
Ahmedabad – 380 009.

Contact Details:

Phone: +91-79-4021 3900, 2658 9985
Fax: +91-79-2658 5226
For submission of Business Plans:
Website: External website that opens in a new window