GVFL Limited (formerly Gujarat Venture Finance Limited) is widely regarded as pioneer of Venture capital in India. It is an independent, autonomous Board managed venture finance company based in Ahmedabad. , Gujarat, India.

GVFL ushered in the dawn of venture capital in India. Founded in 1990 at the initiative of World Bank, GVFL has supported ventures working on cutting edge of technology as well as encouraged entrepreneurs with innovative ideas.

Over the past two decades GVFL has spawned six Funds  which  have  supported  75  companies.  Unique

feature of GVFL’s approach has been its broad spectrum support to its funded entities that ranged from strategic direction to governance support .Today the company has divested from 57 out of 75 companies

Though GVFL has carved a niche for itself in start- up companies segment, in various sectors it has currently broadened its base and is making investments into early and growth stage technology based companies across India. The focus is on SME sector companies which have proven track record, established businesses and revenue model, sound management, high expected growth and clear visibility of exit.