KITVEN Fund-4 AVGC
KITVEN Fund-4 (AVGC) is a Category I SEBI-registered Alternative Investment Fund managed by Karnataka Asset Management Company Pvt Ltd, with a corpus of Rs. 20 crore and a registration date of 14 June 2018. The fund focuses on early-stage investments in companies operating within the Animation, Visual Effects, Gaming, Comics (AVGC) sectors and allied industries, specifically within the state of Karnataka. It provides funding between Rs. 50 lakhs to Rs. 100 lakhs per company at the initial stage, with a potential follow-on investment up to Rs. 200 lakhs. The fund was initiated by the Department of IT, BT & ST, Government of Karnataka, and is supported by institutions such as KSIIDC and KEONICS. Investment instruments include equity, preference shares, and debentures with a typical holding period of 3–5 years.