Particulars

Details

Objective

Invested in knowledge based projects with relatively high entry barriers, critical applications, prospects for high growth and global scalability in diversified and/ sector agnostic or emerging sectors.

Nature

Domestic Fund

Corpus

Rs.98 Crores (Raised from FI’s and HNI’s)

Tenure

10 Years close ended fund (i.e. 7 years with three prolongation options of 1 year each)

Trustee

IDBI Trusteeship Services Limited

Settlor

IFCI Limited

Investment Manager

IFCI Venture Capital Funds Limited

Size of investment

Rs. 1.5 to 20 Cr

Target Returns

20% p.a.

No. of Portfolio Companies

• Invested in 6 companies across the country
• Investments in 3 early stage projects, 2 growth projects and 1 Startup venture.
• Sanctioned & Disbursed Investments of Rs. 93.49 Cr.
• About 21% of total investment already realized with returns of approx. 14%