Govt proposes to invest Rs 1,227 cr through EDF to push IPR in electronicsElectronics Development Fund (EDF) is set up as a "Fund of Funds" to participate in professionally managed "daughter funds".
30 Dec, 2018, 04.22 PM IST
Pi Ventures achieves second close of $30-million fund at $25 millionThe key contributors in this round include Hero Enterprise chairman Sunil Kant Munjal, Electronic Development Fund and the corporate financ...
15 Jan, 2018, 08.19 AM IST
Canbank Venture Capital Fund gives commitment letters to four fundsCanbank Venture Capital Fund Ltd has given in-principle commitment letters of Rs 169 crores to four daughter funds.
19 Feb, 2016, 05.39 PM IST
Ravi Shankar Prasad to launch Electronics Development Fund on Feb 15The Department of Electronics & IT (Deity) along with Canbank Venture Capital Fund will launch the Electronics Development Fund (EDF) on Fe...
12 Feb, 2016, 04.20 PM IST
Canbank Venture Capital Fund to launch a new Rs 650 crore fundCanbank Venture Capital Fund will launch a new fund of Rs 650 crore, which is the sixth fund to be launched by it and also wind up its fift...
16 Dec, 2015, 06.47 PM IST
Government has received Rs 1.13-lakh crore electronic manufacturing proposals: Ravi Shankar Prasad"M-SIPS, DeitY, has received 156 proposals with investment of over Rs 1 lakh 13 thousand crore. Major brands have submitted their applicati...
30 Nov, 2015, 09.02 PM IST
Canbank VC fund to manage over Rs 2000 crore Electronic Development FundThe mother fund will look at investing in funds that invest in electronics system design and manufacturing, nanoelectronics and IT.
25 Nov, 2015, 03.38 AM IST
Prolific Systems to raise Rs 150 crore to fund expansionProlific Systems and Technologies today said it is raising Rs 150 crore in the next two years to fund its capital expenditure plans.
09 Oct, 2015, 09.39 PM IST
Government appoints CVCFL as implementing agency for Electronics Development FundThe EDF is set up as a 'Fund of Funds' to participate in 'Daughter Funds' which in turn will provide risk capital to companies.
21 Sep, 2015, 10.30 PM IST
Canbank Ventures picks up minority stake in Surat based SISASISA, a cash management firm, also provides security guards to one of the top banks in the country.
05 Jun, 2015, 02.58 PM IST
Canbank Venture Capital Fund to raise Rs 500 crore by June"We will be exhausting the fifth fund by August and therefore by May or June we will be raising a new fund of Rs 500 crore," managing direc...
29 Mar, 2015, 01.25 PM IST
Canbank Venture buys 25% stake in Shera Energy for Rs 10 croreShera Energy, which makes metal rods, tubes and wires from copper, aluminium and brass, is considering an initial public offering in 2017.
25 Mar, 2015, 03.45 PM IST
Canbank Venture buys 5% stake in Anand Teknow for Rs 16 croreCanbank Venture Capital Fund Ltd (CVCFL) today said it has picked up 5 per cent equity stake in Anand Teknow Aids Engineering India (ATAEI)...
05 Jan, 2015, 05.54 PM IST
- Canbank Venture Capital invests Rs 25 cr in Ashapura Garments
The investment would be used to part finance for the setting up of a state of art manufacturing facility of Ashapura Garments in Gujarat.
09 Apr, 2013, 05.03 PM IST
- Vinyas Innovative Technologies raises Rs 10 crore from Canara Bank investment arm
Vinyas caters to the power electronics, defence, aviation and consumer electronics segment, among others.
04 Jan, 2013, 03.33 PM IST
- Canara Bank arm launches Rs 500-cr venture fund
Canara Bank subsidiary Canbank Venture Capital Fund on Tuesday launched a venture fund with a corpus of Rs 500 crore mainly targeted at mid...
15 Jun, 2010, 09.34 PM IST
- Canara Bank scouts around for mid-size Asian players
Canara Bank intends to acquire small-sized banks in the south Asian region for growth. The bank says it has already been on the look-out fo...
27 Jul, 2006, 12.29 AM IST