Recognizing the potential of RFID technology and RapidRadio's expertise in the technology, GVFL Ltd. (formerly Gujarat Venture Finance Limited) has invested Rs. 8 million and has shown interest to invest more in coming future to support RapidRadio on its success path. The funding will support our rapid growth plans and help us in expansion of our product range


About GVFL:


GVFL Ltd. (formerly Gujarat Venture Finance Limited) is widely regarded as the pioneer of venture capital in India. GVFL Ltd. is an independent, board-managed, autonomous venture finance company based at Ahmedabad, Gujarat (India).


Started in 1990 at a World Bank initiative under the aegis of Gujarat Industrial and Investment Corporation (GIIC), GVFL Ltd. is a 'classical' venture capital company focused on funding small and medium technology-based enterprises.


Over the past 16 years, GVFL Ltd. has raised five Venture Capital Funds with a cumulative corpus of Rs. 1316.20 million and is currently in the process of raising a SME Fund. These funds are invested in 59 companies across the country, which are systematically provided financial and managerial support by GVFL Ltd. Today, GVFL Ltd. has divested from 50 out of 59 invested companies over past 16 years.

For more details kindly visit their website, www.gvfl.com.
Home | RFID Glossary & FAQ | Careers | Sitemap
Site Designed By : A Web Development Company