ivca introduction 15 sept 15 6-00 pm
TRANSCRIPT
Introduction to IVCABuilding the Angel, Venture Capital &
Private Equity Eco-System
Arvind Mathur, President, [email protected]
www.ivca.in15th September, 2015
Road Map
Goals & Actions Taken to Achieve Goals
Executive Committee
Committees
Activities: Representations, Events, Memberships of Committees
Recent Representations
Memberships
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Road Map -continued
Events
International Cooperation-Swiss, EMPEA
Academic Cooperation: IIT Madras
IVCA Website: A Wealth of Information
IVCA Publications
How you can contribute to IVCA
IVCA Staffing & Contacts
Appendix: Natioanl Committees
Goals of IVCA:
Build the start-up, angel, private equity and venture capital eco-
system
Help create jobs, innovation, entrepreneurship,
superior corporate governance
Provide active long-term value-added patient capital: angel
financing,venture capital,privateequity
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IVCA Activities to Achieve Goals
Represent to the
Government
Represent to
Regulators
Share Information
with GPs
Share Information
with LPs
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Goals
IVCA’s leadership comprises of its Executive Committee
Members & Invited Members
• Sanjay Nayar, Chairman,IVCA CEO, KKR India
• Gopal Srinivasan, Vice Chairman, IVCA & Vice Chairman, TVS Capital
• Paddy Sinha, Managing Partner, Tata Capital
• Shankar Narayanan, Co Head Asia, Carlyle's Growth Capital and mid-Market Buyout Business
• D. Muthukumaran, MD, Aditya Birla Private Equity
• S. Srinivas, CEO, SBI Oman Joint Investment Fund
• Munish Dayal, Partner, Barings Private Equity Partners
• Arvind Mathur, President, IVCA
IVCA’s leadership comprises of its Executive Committee
Members & Invited Members
Renu Sud Karnad, MD, HDFC Ltd
Shailendra Singh, Sequoia Capital
Rajan Anandan, MD, Google India
Vikram Desai, Canada Pension Plan Investment Board
Vani Kola, Managing Partner, Kalaari Capital
Amit Patni, Co-Founder & Chairman, Nirvana Ventures ( Member of IVCA Development Committee)
(See IVCA National Committees in the appendix)
IVCA engages in policy dialogue with a
range of regulators to promote PE & VC
PFRDAMOF
SEBIRBI
DIPPIRDA
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Recent IVCA Dialogue has covered reforms
in …
FVCI PolicyAlternative
Investment Fund Regulations
Pension Investment Guidelines
Tax Laws FDI Policy
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FVCI: Foreign Venture Capital RegulationsFDI: Foreign Direct Investment Policy
IVCA events : Networking, information flows &
interaction with regulators
Member Engagement/Circles
IVCA Conclave, New Delhi
IVCA Conclave, Mumbai
LP Event
Release of Special Reports
State Government Investment Promotion
Others
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IVCA Events have a diverse set of leading
speakers & participants. Examples are:
Minister of FinanceMinister of State for Finance
Chairman, SEBI
Wholetime Director, SEBI
CEO, KKR-India MD, Sequoia Capital
Vice Chairman , TVS Capital
IFCChairman, PFRDA & Tens of other leaders
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IVCA Events are sponsored by thought leaders in
the venture capital and private equity space
Warburg Pincus
PWC
Nishith Desai
Associates
Lightspeed Ventures
Deloitte
KKR
EY
Barings
Gaja Capital
Chrys Capital
Several other high
calibre firms
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IVCA has nearly 100 member firms and
institutionsPremiere Domestic GPs: ICICI Venture, IDFC Alternatives, TVS Capital, others
Premiere Int’l GPs: Accel Partners, Carlyle, Apax, Bain Capital, others
Leading Domestic LPs: SBI, SIDBI, LIC others
Sovereign Wealth Funds: Temasek, Oman
Int’l LPs: The Partners Group
Full list at www.ivca.in
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It’s a small world: IVCA Cooperates with Global Private
Equity & Venture Capital Bodies as well as pension funds
US: NVCA
ILPA
CPPIB
ADB & IFC Sponsored:
EMPEA
Swiss VC Association
Singapore VC Asscn
Neighbours: SAARC Nations
IVCA Cooperates with Academic Bodies
IVCA has supported private equity and venture capital research of IIT Madras & IISc, Bangalore
See research reports on the IVCA website
IVCA shares knowledge with thought
leadership reports and events
Mckinsey & Co: Indian Private Equity, The Road Ahead
IVCA: Bain & Co: Various reports on Indian private equity
IVCA: Grant Thornton: 2015: E-Commerce Report
IVCA: KPMG: 2014: Real Estate Investing Report
Daily Newswire
Annual IVCA RIPE magazine
IVCA Flash Reports and IVCA Specials
More Coming…….
The IVCA Website has a wealth of knowledge
www.ivca.in
200 videos of Indian GP’s
Start-up Coffee Shop
Specimen Term Sheets
Valuation Standards
List of MembersReports on Angels, VC, Private equity
RIPE Magazine
You can engage with IVCA
Be a member
Sponsor events & be a speaker
Interviews to IVCA
Articles for IVCA publications
Government/regulatory policy dialogue
Support the eco-system for PE/VC and
angel investing
Contact IVCA StaffIVCA Contacts
Arvind Mathur, [email protected]
+91 11 4173 0003+91 11 4616 0389
C7, Paschimi Marg,Vasant ViharNew Delhi-110057
Aakriti Bamniyal, AVP, Memberships & [email protected]
Pradyut Chauhan, Memberships & [email protected]
Ntasha Berry, Private Equity & VC Analyst, Publications & Events [email protected]
Ritu Singh, Private Equity & VC Analyst, Publications & Events [email protected]
S. Vaidyanathan , Representative & Memberships, Bangalore
Yogesh Arora, Manager, Administration,[email protected]
IVCA SUB-COMMITTEES2015
30th June, 2015
APPROACH OF SUB-COMMITTEES
Number of Subcommittees Reduced to 5 ( previously 7)
Two Co-Chairs
Co-Chairs design Terms of Reference
Co-Chairs invite relevant professionals
Each Sub-Committee Meets 3 to 4 times a year in person and concalls as needed
Finance And Governance
Committee
Sanjay Nayar, Co-ChairGopal Srinivasan, Co-ChairMunish Dayal, MemberD. Muthukumaran, Member
1)Review monthly accounts of IVCA entitiesProvide oversight on finance, governance and administration of IVCA entities
2)Assist in the restructuring of IVCA entities
3)To ensure positive cash flow from events and review event pipeline with budgets in advance
4)Review membership services, monitor membership and satisfaction, widen membership and ensure wider representation of the Industry in all cross-section
REGULATORY AFFAIRS COMMITTEE
Shankar Narayanan, Co-ChairPaddy Sinha, Co-Chair
1)Identify regulatory hurdles in the way of private equity, venture capital.
2)Participate in and review representations to various government agencies including MOF, RBI, SEBI, PFRDA etc.
3)Attend meetings with various government agencies from time to time
EVENTS COMMITTEE
Gopal Srinivasan, Co-ChairPaddy Sinha, Co-Chair
1)Assist in various organizational aspects of IVCA’s annual conclave and another significant event in locations such as Delhi, Mumbai and other places and overall pipeline of events.
2)Assist in inviting key speakers, sponsors and VIPs for events
3)Conduct Bengaluru Angel VC start-up event
4)Assist in fund raising by means of sponsorships, advertisements etc.
5)Assist in various organizational aspects of IVCA’s annual conclave andanother significant event in locations such as Delhi, Mumbai and other places
Industry Development & Partnerships Committee
S. Srinath, Co-ChairD. Muthukumaran, Co-ChairAmit Patni
1)Track industry data in terms of investment trends, types of funds, types of stages and regularly publish them to the members and public at large
2)Support development of LPs and GPs in India, particularly first time fund managers.
3)Help prepare fund documentation and FAQ’s to make fund formation easy.
4)Publicize domestic and int’l placement agents.5)Partner other Associations like, CII, FICCI etc.
Rajan Anandan, ChairVani Kola, Co-Chair
1)Engage with VC’s, Identify regulatory issues, fund raising issues of Angels and Start-ups.
2)Participate in VC& Angel events of IVCA.
3)Recommend ways in which IVCA can add value to Angels and Start-Ups.
4)Conduct Bengaluru Angel VC start-up event
Note: Chairman, Vice Chairman and the President of IVCA will be the ex-officio members of all the committees.
Angels, Venture Capital & Start-up
Committee
Thank You