Vous êtes sur la page 1sur 19

Group Members

Siddhesh Waman (07)


Ayaz Momin (09)
Mandar Kulkarni (23)
Sneha Mohite(28)
Nikhil Sonar(00)
Prashant khandekar(61)
Venture Capital
Venture Capital
An Undertaking
Involved
Risk

Amount invested by
the person/s to carry
out the newly
established business
Evolution of VC in India
1973 - Development of SMEs highlighted the need for
Venture Capital.

1988 - The Government announced Controller of Capital
Issues.

At about same time, World Bank arranged for VC
awareness seminars

ICICI and UTI First Venture Capital operations in India

1990 - Other VCFs Funds were established like the Gujarat
Venture Finance Ltd (GVFL), Andhra Pradesh AP
Industrial Development Corporation (APDIC) and the
Canara Bank Venture Capital Fund.

1993 Formation of the Indian Venture Capital Association

1996- The regulatory environment of the industry was
defined by the SEBI (Venture Capital Fund) Regulations,
1996.

2000-2007 - Introduction of the Finance Act, 2000 fuelled
the growth of VCF , VCF industry has had an upswing


Need of Venture Capital
Lack of Capital for Investment
Features of Venture Capital
Lack of liquidity

High risk

Long-time horizon.

Equity participation and capital gains.

Participation in management

Process
Pre seed Stage
Seed Stage
Early/ First Stage
Second Stage
Third Stage
Bridge Mezzanine Financing
Venture Capitalist
A venture capitalist is a person who invests in a business venture,
providing capital for start-up or expansion. Venture capitalists are
looking for a higher rate of return than would be given by more
traditional investments.

Venture Capital Fund
Venture capital fund is a partnership or trust or a
company that primarily invests the financial capital of
promoters and other investors in enterprises that are
too risky for the standard capital markets or bank loans

Venture Capital Funds In India
Central Government controlled development finance
institutions
ICICI Venture Fund Ltd
IFCI Venture Capital Funds Ltd
SIDBI Venture Fund Ltd

State Government controlled development finance
institutions
Punjab Infotech Venture Fund
Gujarat Venture Finance Ltd
Kerela Venture Capital Fund Pvt Ltd


Public Banks
Canbank Venture Capital Fund
SBI Capital Market Ltd

Private Sector Companies
IL & FS Trust Company Ltd
Infinity Venture India Fund

Overseas Venture Capital Fund
Walden International Investment Group
HSBC Private Equity Management Mauritius Ltd
On what basis VCs provide
Finance?
Management
Potential for Capital Gains

Advantages


They can provide large sum of Equity Finance.

Able to bring wealth and expertise to your Company.

Easier to secure future funding from other sources.

The Business is not obligated to repay the money.

Disadvantages
Lengthy and complex process (needs detailed
business plan, financial projections and etc.)

In the deal negotiation stage, you will have to pay
for legal and accounting fees.

Investors become part owners of your business -
founder loss of autonomy or control

Future Prospect of VC in India
Help in the Rehabilitation of Sick Units.

Assist small ancillary units to upgrade their
Technologies.

Play a significant role in Developing countries. in
the service sector including Tourism, Health Care
etc.

Provide Financial assistance to people, thus
promoting entrepreneurial spirits.

Case Study

Case Study

Reference

Vous aimerez peut-être aussi