We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Investing in Infrastructure Development in God's Own Country
Managed by KIFML
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Kerala Innovation Fund (IN/AIF2/24-25/1522) is a SEBI-registered Category II Alternative Investment Fund (registered May 2024) managed by Kerala Infrastructure Fund Management Limited (KIFML). Described as a state-sponsored VC fund, it invests in early-stage startups and SME enterprises in Kerala, complementing KIFML's infrastructure-focused Kerala Infrastructure Fund. KIFML is a board-run entity backed by KIIFB, CIAL, Geojit, HDFC, Federal Bank, KSIDC, South Indian Bank, Varanium, Dhanalakshmi Bank, and Kerala Financial Corporation. The SEBI-registered address is Vellayambalam, Thiruvananthapuram – 695033. Operational address: 4th Floor, KEK Tower, TC-27/1696, Opposite TRIDA, Vazhuthacaud, Sasthamangalam P.O., Thiruvananthapuram – 695010.
Akhil G Nair
Coordinator / SEBI Contact Person (Kerala Innovation Fund)
Akhil G Nair is the designated SEBI contact person for Kerala Innovation Fund at KIFML.
Dr K Ellangovan, IAS
Managing Director
Dr K Ellangovan is a versatile IAS officer with a medical background (MS Ortho, MA Population Studies, PhD from IIT Madras; author of Creating Value in Health Care). He superannuated as Additional Chief Secretary to the Government of Kerala. Corporate roles include MD of INKEL and Kerala Tourism, CMD of Kerala State Electricity Board, Chairman of Malabar Cements, Nitta Gelatin, Kerala Minerals and Mines, and Kerala State Medical Services Corporation, and Executive Director of Council for Leather Exports (GoI). Public administration roles include Additional Chief Secretary (Industries & Commerce), Secretary (Health & Family Welfare, General Education, Transport).
Saurabh Nair
Chief Investment Officer
Saurabh Nair is Chief Investment Officer at KIFML, responsible for fundraising and marketing KIFML's investment capabilities to institutional investors, corporates, and family offices. Prior to KIFML, he worked at GVFL Limited (Ahmedabad VC firm), where his investments included Zero Cow Factory, Video SDK, Lets Dress Up, and CTPL.io. He has also held senior positions at Pacifica Cos. (Fund Raise), Standard & Poor's (Insurance Journalist/SME), and Markit. He has raised over INR 2,000 crore from government, institutional, and HNI sources. He holds a B.E. (I.C.) from Gujarat University and PGDM in Finance from Indian Business Academy.
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.
View the investment manager profile with all PMS strategies and AIFs under KIFML.