Karnataka Semiconductor Venture Capital Fund (KARSEMVEN Fund) undertakes investment in the range of Rs. 2 crores to Rs. 5 crores per company during the initial stage which can be enhanced upto Rs. 920 lakhs per company at a later stage / follow-on investment. KARSEMVEN Fund is a SEBI registered Venture Capital Fund having a corpus of Rs. 92.95 crore. The Fund proposes to undertake investments in companies catering to Semiconductor, Electronics System Design & Manufacturing (ESDM), Embedded Systems and such other allied sectors within the State of Karnataka.