We partner selectively, care deeply, and strive for excellence across sectors.

partner_alt

Biotechnology

partner_alt

Deep Tech

partner_alt

Enterprise Tech

partner_alt

Clean Tech

partner_alt

Defence Tech

partner_alt

Healthcare & Med-tech.

partner_alt

Consumer Brands

partner_alt

Gaming & Entertainment

partner_alt

FinTech

partner_alt

Agri Tech

Our Commitment Goes Beyond Capital

We help founders leverage our decades of experience, extensive network, and valuable insights to build scalable and sustainable businesses.

  • Pre-Seed
  • Seed
  • Series A
  • Series B

Explore Our Funds

We are proud to offer 3 funds tailored to support innovative startups across different growth stages in India.

GVFL Emerging Enterprise Venture Fund

Bullish on the India story, we believe India will emerge as a global powerhouse of innovations creating exponential value for the next generation.

Ticket Size:
₹5 Cr. TO ₹20 Cr.
(with possibility follow-on)
Investment Instruments:
CCPS, and Equity
Stage Focus:
Pre-Series A, Series A, Series B

GVFL Prarambh Fund

Our latest initiative designed to nurture seed and early-stage startups, fostering innovation across sectors.

Ticket Size:
₹50 Lakhs to ₹3 Crore
Investment Instruments:
CCPS, and Equity
Stage Focus:
Seed

iCreate Angel Fund

This fund is focused to support startups based out of gujrat

Ticket Size:
₹25 Lakhs to ₹1.5 Cr.
Investment Instruments:
CCPS and Equity
Stage Focus:
Pre-seed

Pioneers of Venture Capital in India

From Investment To Impressive Exits

Today, GVFL has divested from over 75% of its portfolio companies with handsome returns. GVFL has carved a niche for itself by making marquee investments.

ABOUT US

+

Funds

Investments

+

Exits

jobs created

Meet Our Founders

Sohil Kapadia

Co-Founder, ZCF

Bio-Tech

Seed

Sohil, with 13+ years of entrepreneurial experience, co-founded Zero Cow Factory to transform dairy farming. Using bioengineering and precision fermentation, ZCF creates dairy-free proteins that replicate cow's milk, minus the harmful components.

Bikash Sahoo

Founder, CTPL

EdTech

Growth

Bikash, with 16+ years in the education industry, is the founder and CEO of CTPL. He transforms university admissions by digitalizing the process, integrating lead sourcing, digital marketing, and personalized counseling to efficiently convert leads into successful admissions.

Prashant

Co-founder, Dice

Enterprise Tech

Series A

Prashant, with over a decade of industry experience, co-founded Dice to transform spend management. Dice combines workflows, payments, and compliance on a single platform, offering digital consumption APIs and B2B marketplaces to streamline corporate and discretionary spending.

Ketan Parekh

Co-founder, EroNkan

Industrial IoT

Growth

Ketan, with 25+ years of management expertise, co-founded EroNkan to boost manufacturing efficiency. Their AI/ML-driven IoT platform, Plant Works, integrates real-time data from various machines to enhance OEE, offering contextual data visualization and actionable insights for the industrial sector.

Devrishi Arora

Founder, Evify

EV

Growth

Devrishi, with a background in International Business & Emerging Markets and Tech Entrepreneurship, founded Evify in 2021. This Surat-based startup specializes in last-mile green logistics for food delivery, grocery, logistics firms, and e-commerce, now expanding to Ahmedabad and Vadodara.

Soham Thakkar

Founder, Gamerji

Gaming Tech

Growth

Soham, founder and CEO of Gamerji, launched the platform in April 2020. Based in Ahmedabad, Gamerji is an online E-sports platform that enables gamers to compete, host matches, share content, and win prizes, specializing in gaming-related content and applications.

Karan Tanna

Founder, Ghost Kitchens

Food Tech

Series A

Karan, a food entrepreneur with over 11 years of experience, has expanded 400+ franchises and partnered with General Motors and McKinsey. His venture, Ghost Kitchens, operates 30+ brands in 40 cities across 6 cuisine categories, leveraging 40+ fulfillment partners and 12 company-owned kitchens.

Saurabh Agarwal

Founder, Growit

Agritech

Growth

Saurabh, founder and CEO of Growit, is spearheading the development of advanced Agri-Tech products like mulch film, shade nets, and crop covers. Growit focuses on optimizing crop yield and quality, supporting farmers across India with innovative agricultural solutions.

News and Insights

Blog

MAY 21, 2024

GVFL Coffee Table Book: A list of top emerging Startups in Gujarat, compiled as on Dec. 2021

READ ALL BLOGS

NEWS

MAY 21, 2024

GVFL and Ahmedabad University Join Hands to support Startups and Entrepreneurs.

READ ALL NEWS

EVENTS

MAY 21, 2024

GVFL Limited Join Hands with GUSEC to boost the entrepreneurial activities in more effective manner.

READ ALL EVENTS
Pitch