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Technical support: msvf@startupmanipur.in | +91 70850 37192 (11a.m. to 4p.m.)
Technical support: msvf@startupmanipur.in
+91 70850 37192 (11a.m. to 4p.m.)
Manipur Startup Venture Fund

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Fund Details

ParticularsDetails
Name of the fundManipur Startup Venture Fund (MSVF)
CorpusRs. 30 crores
Nodal AgencyDepartment of Planning, Govt. of Manipur
EligibilityGovt of Manipur & DPIIT recognized startup and registered as a Private Limited Company
Nature of the financial instrument
  • Equity
  • Preference shares
  • Debentures
  • Convertible Notes
Investment ManagerNEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi
Investment Size
  • Min.: Rs.10 lakh
  • Max.: Rs.3 crore

Entry Criteria

  • A domicile of Manipur by birth
  • Govt of Manipur & DPIIT recognized startup and registered as a Private Limited Company
  • An early revenue growth-stage startup with market fit product or a service with a scope of scaling up
  • Use of technology in its core product or service, or business model to solve the problem being targeted
  • An entrepreneurial person with innovative vision and implementation capacity
  • Strong management team and commitment towards the startup
  • Viable business model with sustainable growth potential
  • Realistic exit potential

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