Funds > National Venture Fund for Software and Information Technology

National Venture Fund For Software and IT Industry (NFSIT)
At the national level a 1000 million National Venture Capital Fund for Software and IT industry (NFSIT) has been set up by SIDBI and is being managed by SIDBI Venture Capital Ltd.

  • SIDBI has contributed 500 million.
  • Ministry of Information Technology, Government of India 300 million.
  • 200 million by IDBI.
  • NFSIT has been launched by the Hon'ble Prime Minister of India, Shri Atal Behari Vajpayee on December 10, 1999.
  • The fund is almost fully divested.