Investor Type | Firm |
Industries | Other • BioTech • Hardware (& Manufacturing) • HealthTech (& Fitness) |
Investing | India |
Investment Range | $1,120,000 - $1,120,000 |
IFCI Venture Capital Funds Ltd, a subsidiary of IFCI Ltd, which is India's first Development Financial Institution, specializes in venture capital funding. They cater to various sectors including BioTech, Hardware (& Manufacturing), and HealthTech (& Fitness) among other industries. They follow a focused investment approach and engage in the entire investment process, from scouting for opportunities to post-investment management. IFCI Venture Capital boasts a mix of Closed Funds like Green India Venture Fund, India Enterprise Development Fund, and India Automotive Components Manufacturers Private Equity Fund, showcasing their diverse investment portfolio. Moreover, they manage Government Funds, specifically aimed at Scheduled Castes, Backward Classes, and Scheduled Tribes, highlighting their inclusive investment philosophy. These specialized funds offer financial inclusion and support for underrepresented entrepreneurs, driving socio-economic growth while generating returns. The firm commits a fixed investment amount, with both the minimum and maximum investment size set at 1,120,000, ensuring substantial backing for their chosen ventures. They have adopted a Corporate Strategy that adheres to a code of conduct and fair practice, taking into account insider trading regulations and corporate governance principles. Additionally, IFCI Venture Capital extends NBFC Credit Operations to its portfolio companies and emphasizes a rigorous grievance redressal mechanism. Their comprehensive CSR activities, evidenced by their CSR Policy and support for various foundations, illustrate their commitment to corporate social responsibility. IFCI Venture Capital is proactive in communicating with potential ventures, offering brochures in multiple languages and an outlined investment approach and process for clear transparency.