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Punjab Information & Communication Technology Corporation
Punjab Information & Communication Technology Corporation is a corporate investor based in Chandigarh, India. It focuses on investments in Asia.
Punjab Information & Communication Technology Corporation
Punjab Information & Communication Technology Corporation is a corporate investor based in Chandigarh, India. It focuses on investments in Asia. The corporation has committed to one fund.
General information
Firm type
Corporate Investor
Year founded
1976
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Chandigarh
Corporate office
Chandigarh, India
Principals
Government of Punjab
100% Owner
Sector focus
Frequently asked questions
Is Punjab Infotech a startup venture-capital fund or a real-estate developer?
It operates as both. The corporation owns and develops large commercial IT parks such as the Electronics Town of Punjab and ELTOP IT Park in Mohali. It simultaneously runs the Punjab Startup Hub incubation center and Startup Punjab initiative, which support early-stage technology companies through infrastructure and policy channels, though it does not function as a conventional equity venture-capital fund.
Who controls Punjab Infotech's strategic direction?
The Government of Punjab is the 100 percent owner, and the corporation reports administratively to the state's Department of Industries and Commerce. Investment decisions and development projects are driven by state industrial policy rather than independent fiduciary mandates.
What specific assets does Punjab Infotech own and operate?
Its known physical portfolio includes the Electronics Town of Punjab, the ELTOP IT Park, Quark City land holdings, a Software Technology Park facility in Mohali, and the Punjab Startup Hub. It also operates CAL-C Computer Education Centers across Punjab and Himachal Pradesh.
Does Punjab Infotech accept external institutional limited partners?
As a fully state-owned corporation, it does not raise third-party capital. Its funding derives from Government of Punjab allocations and commercial revenue generated from its industrial park operations and land assets.
How does Punjab Infotech engage with the private technology ecosystem?
Through its TiE Chandigarh membership and partnerships with entities like Software Technology Parks of India, the corporation facilitates startup access to workspace, state incentives, and mentoring networks. It acts as a convening layer between state resources and private-sector technology entrepreneurs in the Punjab and Chandigarh region.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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