avgc

Karnataka Information Technology Venture Capital Fund (Kitven) unveiled a Rs 20-crore dedicated venture capital fund for the animation, visual effects, gaming and comics (AVGC) sector at the fifth edition of Bengaluru GAFX, 2024. Kitven CEO PV Harikrishnan announced during the ‘Investor Speak - Strategies for Staying Relevant and Resilient in the Indian Gaming Startup Ecosystem’ panel discussion. The initiative is designed to invest in companies within the state contributing to animation, visual effects, gaming and…

The government on Tuesday announced setting up of a task force to recommend steps for promotion of animation, visual effects, gaming, and comic (AVGC) sector.The sector offers immense potential to employ youth, Finance Minister Nirmala Sitharaman said in her Budget speech."The animation, visual effects, gaming, and comic (AVGC) sector offers immense potential to employ youth. An AVGC promotion task force with all stakeholders will be set-up to recommend ways to realize this and build domestic capacity for serving our…