ICICI Venture Funds Management Company Limited (ICICI Venture) is a wholly owned subsidiary of ICICI Bank Limited, India’s largest financial conglomerate in the private sector. ICICI Venture is one of India’s oldest, largest and most diversified alternative investment fund management companies. Currently, it manages / advises funds across four distinct verticals: Private Equity (established in 2002), Real Estate (established in 2005), Special Situations (established in 2012) and Infrastructure (established in 2014).
Since 2002, ICICI Venture has raised historical funds under management / advice of over USD 4.15 billion across these four verticals from reputed Indian as well as foreign investors. In our Special Situations vertical, we have a strategic partnership with Apollo Global Management, US which is a leading global private equity fund management company with deep expertise in the area of special situations. In our Infrastructure vertical’s power platform, we have a strategic partnership with Tata Power Company Limited, India’s largest power company in the private sector. The funds in each vertical are managed by dedicated teams of specialist investment professionals supported by a shared multi-functional corporate centre consisting of specialist resources in the areas of finance, taxation, legal, compliance, risk management, fund raising, investor relations and human resource management.
Over the years, ICICI Venture has backed several Indian companies, business groups, management teams in their quest to scale up their business presence in Indian markets as well as overseas markets across various sectors such as consumer goods and services, insurance, temporary staffing and vocational education, water treatment, healthcare, diagnostics, pharmaceuticals, speciality manufacturing including manufacturing for exports, banking, financial inclusion, urban housing, commercial realty, engineering and construction services and infrastructure. In the process, many ICICI Venture backed companies have become market leaders in their respective sectors by successfully scaling up their business presence which has also led to significant job creation in the country.