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VENTURE
CAPITAL ORGANISATIONS
ICICI
Venture Funds Management Company Limited
IFCI Venture
Capital Funds Ltd. (IVCF) was originally set up
by IFCI as a Society by the name of Risk Capital
Foundation (RCF) in 1975 to provide institutional
support to first generation professionals and
technocrats setting up their own ventures in the
medium scale sector, under the Risk Capital Scheme.
In 1988, RCF was converted into a company, Risk
Capital and Technology Finance Corporation Ltd.
(RCTC), when it also introduced the Technology
Finance and Development Scheme for financing development
and commercialisation of indigenous technology.
To reflect the shift in the company's activities,
the name of RCTC was changed to IFCI Venture Capital
Funds Ltd (IVCF) in February 2000.
For more
details please visit : www.ifciltd.com
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
organisation to oversee the Venture Capital operation
of SIDBI. SVCL mission is to catalyse entrepreneurship
by providing capital and other strategic inputs
for building businesses around growth opportunities
and maximize returns on investment. SVCL will
manage the various Venture Capital Funds launched/
being launched by SIDBI.
For
more details please visit : www.sidbiventure.co.in
IL
& FS Group Businesses
IL&FS
was incorporated in 1987, and commenced operations
in May 1988 as a subsidiary of Central Bank of
India (CBI), one of the largest nationalised banks
in the country. The initial shareholders were
the Unit Trust of India (UTI) and the Housing
Development Finance Corporation Limited (HDFC).
Thus, from its inception, IL&FS inherited
the experience and expertise of these institutions.
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