Canbank Venture Capital Fund
Canbank Venture Capital Fund, established in 1989 and based in Bangalore, India, serves as the corporate venture capital arm of Canara Bank. The firm specializes in investing in various sectors, including healthcare, pharmaceuticals, biotechnology, life sciences, industrial manufacturing, and technology, with a particular focus on nanotechnology and information technology. Canbank Venture adopts a General Fund philosophy and manages a diverse portfolio of investments, primarily funded by public sector banks, financial institutions, and insurance companies. Over its more than two decades of operation, the firm has successfully partnered with numerous promising companies, emphasizing those with established technological or market advantages and significant growth potential. The experienced team at Canbank Venture is dedicated to investing, managing, and enhancing value within its investee companies, contributing to long-term capital appreciation through a broad-based portfolio.
Polygel Industries
Venture Round in 2019
Founded in 1997, Polygel transformed itself from a cable gel manufacturer to a leading specialty and construction chemicals company with manufacturing facilities in India and Brunei and a sales and distribution network spanning over 40 countries. Its customers include some of the leading chemical companies globally. Internationally, the Company is a diversified Performance and Specialty Chemicals business offering over 50 products, including a wide range of Organic Titanates, Zirconates, Phosphates, Phosphites and Calcium-Zinc Compounds (Organometallic Chemicals), for applications such as Catalysts for polymer industries, Printing Inks, Paints, and Coating industries, Polymer compounding, Lubricants, Glass coatings, Emission control, Oleochemicals & Oil fracking.
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