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VENTURE
CAPITAL ORGANISATIONS
ICICI
Venture Funds Management Company Limited
ICICI Venture (formerly TDICI
Limited) was founded in 1988 as a joint venture
with the Unit Trust of India. Subsequently, ICICI
bought out UTI's stake in 1998 and ICICI Venture
became a fully owned subsidiary of ICICI. ICICI
Venture also has an affiliation with the Trust
Company of the West (TCW), which provides it a
platform for networking Indian companies with
global markets and technology. Strong parentage
and affiliates for ICICI Venture also translates
into access to a broad spectrum of financial and
analytical resources thus enabling a keen understanding
of the Indian financial markets and entrepreneurial
ethos.
For more details Click
here
IFCI Venture Capital Funds
Ltd. (IVCF)
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 Click
here
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 Click
here
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.
For more details Click
here
Gujraj Venture Finance Limited
(GVFL)
Started in July 1990, at the
initiative of the World Bank, GVFL Ltd. is regarded
as a pioneer of Venture Capital in India. Over
the past ten years, GVFL Ltd. has provided financial
and managerial support to over 57 companies with
a high growth potential.
GVFL
Ltd invests all over India and across industries.
It has created a niche for itself in small and
medium scale companies. Investment and monitoring
such companies require considerable effort and
involvement as compared to large projects. Over
the last ten years GVFL Ltd. has been developing
an edge, dealing in such investments.
For more details Click
here
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