The Venture Intelligence Blog

From the Press Release: Jaipur-based Rajasthan Venture Capital Fund (RVCF) has acquired 11% equity stake in Chennai based cardiac care hospital Frontier Lifeline Private Limited for an undisclosed amount. RVCF invested in the company through its Rs 200 Cr SME Tech Fund which invest pan India in IT, education, , healthcare, agro products, auto components and other growth sectors. Girish Gupta, CEO of RVCF will joining the board of the company. Established in 2003, the company is primarily engaged into running cardiac specialty hospitals at various locations including Chennai, Parumala (Kerala), Thrivalla (Kerala). The company is implementing its Contract research, Tissue engineering and Educational initiatives through its integrated healthcare park “Frontier Mediville” located around 45 kms from Chenna in 106 acres. The company is promoted by Padmashree Dr. KM Cherian who is considered to be the pioneer in pediatric cardiac surgery in India, and has held prestigious positions in India a...

From the Press Release: Rajasthan Venture (RVCF) has taken about 30% stake in an early stage vocational training education company, Shree Eduserve Pvt Ltd. , having over 65 centers across the country. Shree Eduserve Pvt. Ltd. , a fast growing company founded in 2006 , has been developing new generation products for better understanding and imparting quality education and vocational training. The company is headquartered in Jaipur with franchisee all over Rajasthan and parts of India. According to Mr Girish Gupta, CEO of Rajasthan Venture “RVCF funding will enable Shree Eduserve to widen its scope by enhancing existing e-learning product features and expanding its reach to other states as well. India’s Education Sector is estimated to be worth US Dollar 60 billion. Out of this, vocational training accounts for US Dollar 1.50 billion. The vocational training market in India is estimated to witness a growth rate of about 20% per annum in next few years. English and related trainin...

Edited extracts from the press release: Jaipur-based venture capital firm Rajasthan Ventures (RVCF), through its Rs 150 crores SME Tech Fund, has invested Rs 15 crores in the second round of funding of PR Packagings Ltd.(PRP), a packaging company based in Faridabad. PRP produces high quality folding cartons including printed mono cartons, fluted boxes, pouches, brochures, leaflets etc. “PRP is serving to best known brands in Electronics, Pharmaceuticals, Cosmetics, Automobile Industries and Food chains. The company is well positioned in northern India and is planning to foray in Flexi Tube Packaging; Seamless and Laminated Tubes” RVCF CEO Girish Gupta said. Background The Indian packaging industry has constantly grown in the last few years by approximately 15% year on year. The growth in Indian Flexible Packaging Industry is likely to grow approximately at 18% - 20% over the next five years. The highest demand for packaging and the associated equipment come from the food processing in...