KITVEN announces Rs 20 cr dedicated venture capital for AVGC sector

The Karnataka Information Technology Venture Capital Fund (KITVEN) on Tuesday announced a dedicated Venture Capital (VC) fund of Rs 20 crore to boost the Animation, VFX, Gaming, and Comics (AVGC) sector.

KITVEN CEO P V Harikrishnan made the announcement during the fifth edition of Bengaluru GAFX, 2024.

He said this initiative has been designed to invest in companies within the state contributing to Animation, Visual Effects, Gaming, and Comics.