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Welcome to GVFL Ltd !

GVFL Limited (formerly Gujarat Venture Finance Limited) is widely regarded as pioneer of Venture capital in India. It is an independent, autonomous Board managed venture finance company based in Ahmedabad, Gujarat, India.

GVFL ushered in the dawn of venture capital in India. Founded in 1990 at the initiative of the World Bank, GVFL has supported ventures working on the cutting edge of technology as well as encouraged entrepreneurs with innovative ideas.

Over the past two decades GVFL has raised nine venture capital funds which have supported over 105 companies. Unique feature of GVFL’s approach has been its broad-spectrum support to its funded entities that ranges from strategic direction to governance support.

Today, GVFL has divested from over 75% of its portfolio companies with handsome returns.

Today, GVFL has divested from over 70% of its portfolio companies with handsome returns.

GVFL has carved a niche for itself by making marquee investments in early stage companies across sectors through various funds. Looking at the current excitement in the startup ecosystem and leveraging on decades of full investment lifecycle experience in startup investing, GVFL has launched ‘GVFL Emerging Enterprises Fund’. The fund focuses on highly scalable, innovative business models, across, sectors, which use technology as an enabler or differentiator and are backed by credible teams.


GVFL, since its inception has managed nine Venture Funds. The Funds were invested in over 105 technology and growth stage companies. GVFL was a forerunner to support new and untried technology based projects.

GVFL has launched its latest Fund, ‘GVFL Emerging Enterprises Fund’ and is actively scouting for differentiated investment opportunities.

If you are looking for funds, Send us your pitch deck now!
Industrial & Enterprise B2B
SaaS, IoT apps
DeepTech B2B & B2C
Generative AI, BioTech
Consumption B2C
D2C, Consumer
Climate Tech & Sustainability B2B & B2C
Defense Tech B2G
Healthcare and Health Tech B2B
Fitness & Wellness

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