SoftTech is venture funded by SIDBI Venture Capital Limited (SVCL).

SIDBI Venture Capital Limited (SVCL) is a wholly owned subsidiary of SIDBI, incorporated in July 1999 to act as an umbrella organization to oversee the Venture Capital operation of SIDBI. SVCL manages the various Venture Capital Funds launched/ being launched by SIDBI.

SVCL manages the National Venture Fund for Software and Information Technology Industry (NFSIT) set up by Small Industries Development Bank of India (SIDBI) in association with Ministry of Information Technology (MIT), Govt. of India and IDBI (Industrial Development Bank of India).

The main objective of NFSIT is to meet the total fund requirements of the software and IT companies, particularly Small Enterprises, to enable them to achieve rapid growth rates and maintain their competitive edge in domestic and international markets.

The fund endeavors to develop international networking and enable assisted units to attract co-investment from international venture capitalists in subsequent rounds of financing.