VENTURE CAPITAL
This business vertical is established to provide equity funding to viable ventures, both for startup entities as also for expansion of existing entities in various industry verticals. Cheraman Financial Services Ltd sponsored “Cheraman Fund” for carrying out the fund activities. The first scheme of the fund has a corpus of 2,500 million (250 Crores). The Fund focuses on manufacturing and service sectors with special focus on Kerala. This initiative is expected to provide the much needed impetus to manufacturing and service sectors of the state. Cheraman Funds Management Ltd undertakes the investment management activities of the Fund.
The Fund is sector agnostic, however the preferred sectors are
- Healthcare and allied Services
- Food Processing
- Alternative building materials
- Education
- Hospitality,
- IT/ITES,
- Logistics and
- Water and Clean Technologies.
Cheraman Funds Management Limited is acting as the investment manager to the Fund. The investment team and the Board of Directors of Cheraman Funds Management Limited have a strong track record of entrepreneurship in India and abroad. In addition, venture partners of Cheraman Premium Fund I bring a strong ecosystem of relationships, rich operating experience and industry insights.
