Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other |
Stages | Expansion, MBO/LBO, Acquisition, Recapitalization, Consolidation, Special Situations, PIPE, Secondary Purchase |
Investing | India |
Assets Under Management | $200,040,200,000,000 |
ICICI Venture Funds Management Co. Ltd., a venture capital firm, is a wholly owned subsidiary of ICICI Bank Limited and operates as a key player in the Indian alternative asset management industry. Established in 1988, the firm specializes in providing equity, debt, and mezzanine capital, with a focus on expansion, Management Buyouts (MBO)/Leveraged Buyouts (LBO), acquisition, recapitalization, consolidation, special situations, Private Investment in Public Equity (PIPE), and secondary purchases. The firm prides itself on being a gateway to private equity in India and has built expertise in various domains, including private equity, real estate, infrastructure, and special situations. Throughout its history, ICICI Venture has successfully navigated multiple economic cycles, delivering superior risk-adjusted returns to its investors. The firm caters to businesses with a strong nexus to India and has invested in over 600 Indian businesses across different sectors and geographies, making use of diverse exit strategies such as IPOs, strategic sales (both Indian and global), capital market sales, trade sales, and buybacks, to generate value for its stakeholders. With a rich heritage of investment, ICICI Venture manages and advises capital from Global Sovereign Wealth Funds, Global Pensions, Global Fund of Funds, Global and Indian Insurance companies, Global and Indian Development Financial Institutions (DFIs), Indian Banks, Global and Indian Private Banks, Indian Family Offices, and Corporate Investors. ICICI Venture also emphasizes the importance of integrating Environmental, Social, and Governance (ESG) considerations into its investment strategy, adhering to high corporate governance standards, and aligning with global best practices and the policies of the ICICI Group. With assets under management worth approximately $6 billion since its inception, ICICI Venture stands as a prominent entity in India's private equity landscape.