GOVERNMENT FUNDS: LIST OF VCs IN INDIA

data as on July 28, 2007

Name 1 APIDC- Venture Capital Limited Type of companies they fund Deal stage they fund Information Technology New projects, expansion Biotechnology Diversification and Modernisation * Companies with Registered Office in Andhra Pradesh. Contact Details Parisrama Bhavan, Project Nagarjuna Group 5-9-58/B,Fateh Maidan Road, Post Box No.1049, Novopan Hyderabad - 500 004, A.P.(INDIA). Phones:+91-40-23235253-56. Fax: +91-40-23235516,23236756 www.apidc.org 2 Andhra Pradesh State Finance Corporation Food processing Industries Pharmaceuticals Bio-Technology Tourism related activities Infrastructure Development Hospitals and Nursing Homes Information Technology Small and Medium scale industries 3 Arunachal Pradesh Industrial Development and Financial Corporation Agriculture and Horticulture Mining Plantation Crop Adventure Tourism Start up Early stage Andhra Pradesh State Financial Corporation 5-9-194, PB No:165 Chirag Ali Lane, Hyderabad - 500001. Tel. Ph No: 23201398,23201646, 23202547 Grams: AFINCORP Fax:040-23202972 www.apsfc.com/ hyd_apsfcho@sancharnet.in Speck Systems Limited Chemiloids Shree Papers Limited Thermal Systems Private Limited NCL Companies they fund

Start Up

C Sector Near Petrol Pump Itanagar -791 111 Phone : 0360-22672,212673 Fax : 0360-22672

4 Assam Financial Corporation

Start up

"Vittiya Bhavan", M.S.Road, Paltanbazar, Guwahati-781 008. Telephone : 0361-523448, 521859 Fax : 0361-521859 Fraser Road, Vittiya Nigam Bhawan, Patna-800 001. Phone : 91-612-210968, 234210 Fax : 91-612-225228

5 Bihar State Financial Corporation

These lists should not be reproduced without prior permission from NEN. 2007 source: www.nenonline.org

GOVERNMENT FUNDS: LIST OF VCs IN INDIA

data as on July 28, 2007
Name Type of companies they fund Deal stage they fund Industrial Transport Services Marketing Companies in Delhi or Chandigarh Start up Modernisation Expansion Contact Details Companies they fund

6 Delhi Financial Corporation

Plot Nos. : 37 & 38, Institutional Area, M.S. Chhabra and Co. Pankha Road, D-Block JanakPuri, Delhi-110058 Electrospark Phone No. : 28525035, 28525036, 28525037, 28525038,28525039 Fax no. 28525041 dfcdelhi.nic.in dgmdfc.delhi@nic.in

7 GDDIDC

Plot No. 13-A-2, EDC Complex, Patto Plaza, Panjim-Goa 403 001. Tel: (91)(832) 2437470 to 73 www.goaidc.com goaidc@sancharnet.in Biotechnology Start up Early Stage Gujarat Biotech Venture Fund http://btm.gujarat.gov.in/BTVenture.html

Lupin Goa Glass Fibre Ltd Highmark India Pvt Ltd

8 Gujarat Biotechnology Venture Fund Gujarat Infrastructure Development Fund

9 Gujarat Information Technology Fund

Information Technology

Block No. 18, 2nd Floor Udyog Bhavan, Sector 11, Gandhinagar-382 017. Gujarat (INDIA). 91-79-23256009/10/11 www.gujexim.com Start Up Expansion Diversification Modernisation Gujarat State Financial Corporation Block No.10,Sector-11,Udyogbhavan Gandhinagar 382 011 Ph: 23256767 http://gsfc.gujarat.gov.in/ GVFL Ltd. 1st Floor, Premchand House Annexe, B/h Popular House, Ashram Road, Ahmedabad 380 009. Phone:+91-79-2658 8741, 2658 9985 Fax: +91-79-2658 5226 www.gvfl.com ceo@gvfl.com Saraf Foods Limited Deccanet Designs Limited Neilsoft Limited Lumen Cables Scicom Limited

10 Gujarat State Financial Corporation

SSI MSI

11 Gujarat Venture Finance Limited

Information Technology Start up ventures Biotechnology Other Technology Segments Should belong to SME segment

These lists should not be reproduced without prior permission from NEN. 2007 source: www.nenonline.org

GOVERNMENT FUNDS: LIST OF VCs IN INDIA

data as on July 28, 2007
Name Type of companies they fund Deal stage they fund Nursing Homes Hotels Amusement Parks Software Parks E-commerce Contact Details Companies they fund

12 Haryana Financial Corporation

Haryana Financial Corporation Bays No. 1 7, 18 & 19, Sector 17-A, Chandigarh - 160017 Phones : Off. PBX 702755-57, 703537 Fax No. : 01 72-702666, Telex: 395-7371 HFC IN http://haryana.gov.in/industry/hfc_cnt.ht m hrhfc@glide.net.in Start up Modernisation SSI MSI Seed Startup Mezzanine Himachal Pradesh Financial Corporation, New Himrus Building, Circular Road , Shimla171001. Telephones : 2625109, 2624552, PABX : 2624228, 2625940 hpfc.nic.in

13

Himachal Pradesh Financial Corporation

Hotel Industry Healthcare Mining Infrastucture

14 Industrial Venture Capital Ltd.

IT / Software / Hardware Hi Tech Printing Construction Textile Information Technology Biotechnology Tourism

15 Kerala Venture Capital Fund Pvt. Ltd

Start Up Early Stage Growth Development / Expansion

Kerala Venture Capital Fund Pvt. Ltd. 604, Pioneer Towers, Marine Drive Kochi - 682 031 Ph: (0484) 2361279 Fax: (0484) 2373077 www.keralaventure.org/ kvcf@vsnl.in kvcfkochi@eth.net

Invis Infotech Private Ltd Ushus Technologies EcommIT Labs Pvt. Ltd. Xylon Technologies Pvt. Ltd

16 KITVEN

Information Technology

The Managing Director KITVEN Fund 403, 4th Floor, HVS Court 21, Cunningham Road, Bangalore - 560052, INDIA. Phone: 91-080-22285627, 22386836 Fax: 91-080-22386836 www.kitven.com kitven@vsnl.net

Relq Software Pvt Ltd Logix Microsystem Ltd Ecad Technologies Ltd Itwine Technologies Pvt Ltd

These lists should not be reproduced without prior permission from NEN. 2007 source: www.nenonline.org

GOVERNMENT FUNDS: LIST OF VCs IN INDIA

data as on July 28, 2007
Name 17 Orissa Venture Capital Fund Type of companies they fund Deal stage they fund Contact Details C/o IL&FS Venture Corporation Limited The IL&FS Financial Centre 7th Floor, Plot No. C-22, G-Block Bandra Kurla Complex, Bandra East Mumbai 400 051 Tel : 6533333 Fax : 6523015 Electronics and electrical Telecommunications Food Processing Engineering Picup Bhawan Gomti Nagar, Lucknow - 226 010, Phones : (0522) 2720689/2720798 Fax : (0522) 2720792 www.picupindia.com picup@sancharnet.in All stages Mr. R.K. Bhandari Chief Executive Officer, PVCL Udyog Bhawan, 18- Himalaya Marg, Sector- 17, Chandigarh- 160017 (INDIA) Tel.: 91-172-2703693, 2702881- 84, Fax: 91-172-2704145 www.pvcl.org ceo@pvcl.org Start up Growth and Expansion Turn around Buy outs Girish Gupta Chief Executive Officer Rajasthan Asset Management Company Pvt. Ltd. Room No-414,III Floor,RIICO Wing Udyog Bahwan,Tilak Marg, Jaipur, Pin:-302005 Phone:-91-0141-5101225 Fax:-91-0141-5101226 www.rvcf.org rvcf@rvcf.org Jolly Makers Chambers II 107, 10th Floor, Nariman Point Axiom Consulting E-cube India Solutions TechAxes Companies they fund

18

Pradeshiya Industrial & Investment Corporation of Uttar Pradesh Limited

19 Punjab Venture Capital Fund (manages Punjab Infotech venture fund)

Infotech hi tech health care telecommunication

20 Rajasthan Venture Capital Fund

Information Technology Biotechnology Retail Tourism Entertainment

21 SIDBI Venture Capital Limited

IT Computer Hardware

Early Stage Growth

These lists should not be reproduced without prior permission from NEN. 2007 source: www.nenonline.org

GOVERNMENT FUNDS: LIST OF VCs IN INDIA

data as on July 28, 2007
Name Type of companies they fund Deal stage they fund Computer Software Development/ Expansion IT Enabled Services Contact Details Mumbai - 400021 Phone: 022 2043065 - 69 www.sidbiventure.co.in vc@sidbi.com Tamil Nadu Infotech Fund , 33, D'Silva Road Mylapore, Chennai, 600 004 Ph: 4660844 Fax: 4661617 bs.srinivas@ilfsindia.com C/o IL&FS Venture Corporation Limited Hoechst House, 16th Floor Nariman Point Mumbai 400 021 Tel: 4935127 / 4964353 Fax: 4930080 Companies they fund IndiaIdeas.com Ltd Bravo Healthcare

22 Tamilnadu Infotech Fund

Medical Software BPO Security Banking

Midas Communication IPF Online Lasersoft iMetrix (DATS)

23 Uttar Pradesh Venture Capital Fund

These lists should not be reproduced without prior permission from NEN. 2007 source: www.nenonline.org