Canbank Venture Capital Fund
Canbank Venture Capital Fund is the corporate venture capital arm of Canara Bank, based in Bangalore, India. It operates as a domestic venture investor backed by public sector banks and financial institutions, focusing on technology-driven opportunities with growth potential. The firm prefers investments in nanotechnology, information technology, and other technology sectors and is known for building a professional team that manages and creates value in portfolio companies. Founded in 1989, it has a history of investing in promising companies and achieving successful exits, supported by a strategy that seeks firms with established tech or market positioning and strong growth potential.
Top Stages
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Past deals in Brunei
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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