Ministry of Social Justice & Empowerment | Venture Capital Fund for Scheduled Castes (VCF-SC)
◆ Fund Size
$91M
◆ Check Size
◆ Location
India
◆ Activity
Statusactively investing
◆ Links
◆ Share this fund
◆ Investment Thesis
Promote entrepreneurship among Scheduled Castes and Backward Classes in India through concessional finance, equity funding, and incubation support.
◆ About Ministry of Social Justice & Empowerment
The Venture Capital Fund for Scheduled Castes (VCF-SC) provides financial support through venture capital assistance, including equity and optionally convertible debentures, to Scheduled Caste entrepreneurs.
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| IFCI Ltd. | Lead investor / sponsor | — | |
| IFCI Venture Capital Funds Limited | Investment Manager | — | |
| IFCI Venture Capital Funds Ltd. | Investment manager | — | |
| Ministry of Social Justice & Empowerment | Anchor investor / scheme owner | — |
◆ Notable Investments
◆ Traits
Leads rounds
Co-invests
◆ FAQ
What does Venture Capital Fund for Scheduled Castes (VCF-SC) invest in?
Venture Capital Fund for Scheduled Castes (VCF-SC) invests in Defense Tech, Industrial Automation, Electric Vehicles, Consumer Apps and Aerospace Tech at the seed, early-stage and expansion stages.
Which geographies does Venture Capital Fund for Scheduled Castes (VCF-SC) focus on?
Venture Capital Fund for Scheduled Castes (VCF-SC) focuses on India, and is headquartered in India.
What is Venture Capital Fund for Scheduled Castes (VCF-SC)'s typical check size?
Venture Capital Fund for Scheduled Castes (VCF-SC) typically writes checks of up to $1.8M.