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GVFL Limited (Gujarat Venture Finance Limited)

VCChecked against official siteLast checked 18 Oct 2026
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Type
VC
Stages
Pre-Seed, Seed, Series A, Series B
Cheque size
$28K – $2.3M
Based in
Ahmedabad, Gujarat, Ahmedabad
Founded
1990

About

GVFL is an Ahmedabad-based venture capital firm that says it has operated since 1990 and divested from over 75% of its portfolio. It runs three funds: the Emerging Enterprise Venture Fund (Rs 5-20 crore, pre-Series A to Series B), the Prarambh Fund (Rs 50 lakh-3 crore, seed) and the iCreate Angel Fund (Rs 25 lakh-1.5 crore, pre-seed, Gujarat-based startups).

What they invest in

Team (from their public pages)

  • Mihir Joshi

    Managing Director

  • Saurabh Nair

    Senior Vice President

Notable investments

Examples shown on gvfl.com. This is not a complete portfolio.

GrowitEvifyGamerjiZero Cow FactoryPetpoojaDhruva SpaceSequretekBeastlifeCanvaloopDiceIndrajaalCTPL

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