KITVENFunds

KITVEN Fund-4 (AVGC) is an Alternate Investment Fund with corpus of Rs.20 crore, having SEBI Registration no. IN/AIF1/18-19/0555 dated 14 June 2018, AIF, Category 1- Venture Capital Fund. The Fund Manager is Karnataka Asset Management Company Pvt Ltd. and the Trustees is Karnataka Trustee Company Pvt Ltd... The Fund proposes to undertake investments in companies catering to Animation, Visuals Effects, Gaming, Comics and such other allied sectors within the State of Karnataka. The Fund has been initiated by the Department of IT, BT & ST, Government of Karnataka and participation from other State Government firms/ institutions namely KSIIDC and KEONICS.

KITVEN Fund-4 (AVGC) undertakes investment in the range of Rs.50 lakhs to Rs.100 lakhs per company during the initial stage which can be enhanced upto Rs.200 lakhs per company at a later stage / follow-on investment.

The investment in companies will be in the nature of equity, preference capital (convertible / redeemable), debentures OR combination of any of the above instruments adhering to the guidelines issued by the Securities & Exchange Board of India (SEBI) from time-to-time. The typical investment horizon would be 3-5 years although lower periods would also be considered.

The portfolio units assisted by KITVEN Fund -4 is as under :-

1. PlayShifu (MOBILIZAR TECHNOLOGIES PVT LTD)

Playshifu is an Augmented Reality (AR) educational toy company, that creates "phygital" (physical + digital) learning experiences for kids aged 4-12, blending physical toys with AR to teach STEAM (Science, Technology, Engineering, Arts, Math) skills, with key products like Orboot, Plugo, and Tacto. It has received funding from leading VCs like Inventus Capital, Chiratae Ventures, Bharat Innovation Fund, Inflexor Ventures, KITVEN 4 AVGC etc.
More info at ::   https://www.playshifu.com/

2. ThinkTac (Tactile Education Services Pvt Ltd)

Tactile learning is a hands-on approach to education that engages learners through touch and physical interaction with materials, enhancing understanding and retention of information.
More info at ::   https://www.thinktac.com

3. MetaShot (Gillidanda Pvt Ltd)

MetaShot Smart Bat, a revolutionary gaming console that blends real-world cricket with interactive technology. Designed for kids, families, and cricket lovers, this Bluetooth-enabled smart bat turns your living room into a thrilling stadium—complete with real vibration, dynamic LED lights, and big-screen compatibility. If you’re craving fun, fitness, and immersive play, the MetaShot Smart Bat is your ultimate gaming partner.
More info at ::   https://www.metashot.in

4. Texperia Techsolutions Pvt Ltd

Texperia is dedicated to creating cutting-edge digital engagement and experiential products that transform how businesses connect with audiences. With a focus on innovation and impact, we bridge the gap between technology and meaningful engagement.
More info at ::   https://texperia.com/

5. PropAll (Propquark Technologies Pvt Ltd)

AI Powered visualisation tool. The easiest and fastest tool for visualising, configuring, interacting with real estate. transforming 2D floor plans into interactive 3D walkthroughs. Propall is a B2B SaaS company built for architects and construction companies to generate hyper-realistic 3D walkthroughs of unbuilt real-estate instantly using AI
More info at ::   https://propall.in/