IVCA MEMBERSHIPINFORMATION & BENEFITS

MISSION &

OBJECTIVES

With a prime motive to support the ecosystem, it facilitates contact with policy makers, research institutions, universities, trade associations and other relevant organizations. Thus support entrepreneurial activity, innovation and job creation.

Being the face of the Industry, it helps establish high standards of governance, ethics, business conduct and professional competence.

IVCA – PROMOTING PRIVATE CAPITAL ECO-SYSTEM

IVCA being the oldest and most influential PE/VC Industry body in India, its goal is to promote the AIF asset class with India and overseas.

With leading VC/ PE firms, institutional investors, banks, corporate advisers, accountants, lawyers and other service providers as members, it serves as a powerful platform for all stakeholders to interact with each other.

Public Policy

Developing Ecosystem

Member Services

Ashley MenezesPartner

ChrysCapital

B.V. KrishnanChief Executive Officer

KKR India

Gopal JainManaging Partner

Gaja Capital

Padmanabh Sinha

Managing PartnerTata Capital &

Rehan Yar KhanManaging Partner

Orios Venture Partners

Rajat Tandon

PresidentIVCA

Sean SovakPartner

Lighthouse Advisors

Srinath SrinivasanChief Executive Officer

OIJIF

Udai DhawanManaging Partner, India Head

Standard Chartered PE

Renuka Ramnath

Founder, MD & CEOMultiples Equity &

IVCA EXECUTIVE COMMITTEE

Alagappan MurugappanManaging Director

CDC Group

Andrew HollandCEO

Avendus Capital Alternate Strategies

Anjali BansalFounder

Avaana Capital

Chairman, IVCA

Vice Chairman, IVCA

Darius PandoleMD & CEO – Private Equity

JM Financial

Devinjit SinghManaging DirectorThe Carlyle Group

Gaurav TrehanPartner

TPG Capital Asia

GV RavishankarManaging Director

Sequoia Capital

Nupur GargRegional Lead, South Asia

- PE/ VC Funds, IFC

MK Sinha

Managing Partner & CEOIDFC Alternatives

Sanjay NathManaging PartnerBlume Ventures

Srini SriniwasanManaging DirectorKotak Realty Fund

Sujoy BoseCEONIIF

Promeet Ghosh

Managing Director - IndiaTemasek

IVCA EXECUTIVE COMMITTEE

Venkat RamaswamyExecutive Director

Edelweiss Financial Services

Vishal MahadeviaManaging Director, India Head

Warburg Pincus

Vikram GuptaFounder & Managing Partner

IvyCap Ventures

04Venture Capital CouncilEngage with VC’s, identify regulatory issues, fund raising issues of Angels and Start-ups

05Category III CouncilImprovement of the investment climate for CAT III funds and forum for discussion of common issues

06Angel Sub CommitteeEngage with Angel Investors, identify regulatory issues, link up the Angel community to the whole value chain

01Limited Partners CouncilCouncil Formal forum for large influential LP’s to discuss common issues

02Real Estate & Infra CouncilIdentify reforms for healthy functioning of the RE/ Infra PE asset classes in India

03Credit CouncilPromote an enabling regulatory environment for the credit asset class

COUNCILS & COMMITTEES

08Events & MembershipReview membership services & assist in inviting key speakers, sponsors and VIPs for events

07Regulatory AffairsIdentify regulatory hurdles in the way of PE, VC and other forms of alternative investment

09Governance CommitteeProvide oversight on finance, governance and administration of IVCA entities and review accounts

Period of holding reduced from 3 to 2 years for long-term capital gains on transfer of unlisted shares

Holding Period

Characterisation of income from transfer of listed shares andsecurities as ‘Capital Gains’ and unlisted shares held by Category I and II AIF as ‘Capital Gains’

Characterization

Exempted AIF II from 1 year IPO lock-in

IPO Lock-in

Allow management expenses to be capitalized as cost of improvement

Management Expenses

Exempt GST applicability on fees collected from on shore foreign pools and Certainty on non-applicability of GST on profit sharing arrangements

Exempt GST

Permit Social Venture to receive CSR flows

Social Ventures

Why Us

Government avoids direct talks with private companies/ bodies

Government willing to engage IVCA as an apex industry body

IVCA brings credibility in engagement with Govt./ Regulators`

Strengthened connect with Ministries over the years

Track record of successful regulatory interventions

ADVOCACY

Banks Permitted to invest in AIF I & II

Banks in AIFs

Key policy changes influenced by IVCA Pushing for more favourable changes

Introduce a pass-through system for AIF-III, Public market fund

CAT III Taxation

Over 27 Changes in regulation since 2014 has contributed to accelerated Investments

“Venture Capital Funds and the angel investors need aninnovative and special developmental and regulatory regimefor their growth.

We have taken a number of policy measures including launching‘‘Start-Up India’’ program, building very robust alternativeinvestment regime in the country and rolling out a taxationregime designed for the special nature of the VCFs and theangel investors.

We will take additional measures to strengthen the environmentfor their growth and successful operation of alternativeinvestment funds in India”.

- Shri. Arun Jaitley, Minister of Finance(in 2018 Budget Speech)

“ADVOCACY EFFORTS

MASTERCLASSESMasterclass and Discussion Sessions on various topics for Members and others. GST, M&A & Exit Strategies, Taxation, Bankruptcy & Insolvency etc.

IVCA CONCLAVEAnnual Flagship Event attended by over 300 PE/VC professionals, Government officials, Consultants, Lawyers, Advisors, Entrepreneurs etc.

NETWORKING/ CIRCLE EVENTSSpecial evening networking cocktails session across cities for Members and select few invitees. Delhi, Mumbai, Bengaluru etc.

COUNCIL EVENTSInvite only sector & council focused events. Real Estate & Infra, Limited Partners, CAT III Funds, Credit, Venture Capital, Healthcare, Fintech etc.

WEBINARSWebinars hosted by Service Providers/ Knowledge Partners for Members on various topics including regulatory matters

EVENTS & EDUCATION

16 events executed in 2017-18 with 1,000+

delegates & 120+ speakers

IVCA Limited Partners Training to be conducted in July 2018 II For Banks, Insurance Cos, UHNIs, Family Offices, Investment Advisors Etc.

Daily NewswireDaily Newswire with updates on day to day deals, regulatory and other industry updates is sent to members & subscribers

DN

RIPE MagazineReporting on Indian Private Equity & Venture Capital (RIPE). India’s only magazine on VC/ PE Industry. IVCA Publication

RM

News UpdateDaily Industry/ Sector news updated on website and archived.

NU

Joint ReportsJoint Reports published under the IVCA Service Providers Annual Engagement Program

JR

REPORTS & PUBLICATIONS

PE/ VC Report

Industry Monitor

Industry Kit

Sectoral Reports

Regulatory Updates

Industry Case Studies

Work In Progress

IIC

Started in January 2018, monthly reports for Jan and Feb 2018 Sent

Quarterly, half yearly and yearly reports to be sent

Collating industry reports in progress

Engaged Law firms for Industry Kit

IVCA INDUSTRY CENTER (IIC)FOCAL POINT FOR ALL AIF INDUSTRY DATA IN INDIA

15

Speaking opportunity at events

Access to Ministers attending IVCA Meetings and Government Roundtables

Government agencies regularly approach IVCA seeking suggestions on reforms.

Masterclass / Knowledge sessions arranged on request in partnership with Knowledge partners

Invite to Sector/ Council events and Circle/ Networking events

Special members discount to IVCA Conclave and Masterclass

IVCA members discount to partnered events and international events

MEMBERSHIP BENEFITSEVENTS PARTICIPATION

Preferential access to IVCAPE/VC Industry Directory

▪ Daily industry and quarterlyregulatory updates in your inbox.

▪ Promote your Fund and DealsInfo/ Articles via Daily Newswire

Arrange articles and interviewsin leading business newspapersand magazines, TV channels &Youtube

Access to Sectoral reports and Industry Data Monitor

Nomination and voting for IVCA Executive Committee

Elections

Member fund outreach via IVCA Social Media channels. (Updates,

Interviews, Twitter & FB Live)

IVCA services offer a host of benefits to its members

Receive copy of RIPE Magazine

Access to representations submittedby IVCA to Ministries and Govt.Departments

MEMBERSHIP BENEFITSRESEARCH – PUBLICATIONS – SOCIAL MEDIA - OTHERS

144 MEMBERSo129 Funds

o15 Knowledge Partners

o90 Domestic Fundso39 Foreign Funds

o80 PE Fundso49 VC Funds

City-wiseoMumbai – 59%oDelhi/NCR – 16%oBengaluru – 15%oOthers – 11%

9 New Members added in last 3

Months

MEMBERSHIP STATISTICS

Contact UsDELHI OFFICE806, 8th Floor, Akashdeep Building, 26A Barakhamba Road, Connaught Place, New Delhi – 110001

Aakriti Bamniyal+91 97111 10011aakriti@ivca.in

011- 49879305 011- 49876992

www.ivca.in

MUMBAI OFFICEOne Indiabulls Centre, South Annexe, Tower 2A, 03rd Floor, ISME Ace Senapati Bapat Marg, ElphinstoneRoad, Mumbai – 400013

Rohan Parulekar+91 98190 01130rohan.parulekar@ivca.in

1 Crowd Crescent IvyCap Ventures NSR Advisors Unicorn India35 North ventures CX Partners Jacob Ballas Nuvo ChrysCapital Unitus Seed FundAarin Capital DSP Blackrock Jindal Worldwide Oman India JIF UTIAavishkaar Edelweiss JM Financial Omidyar VentureastAbraaj Endiya Partners Kalaari Capital Omnivore Warburg PincusAccel Everstone Capital Kitara Capital Orios VP Westbridge CapitalActis Fairwinds KKR Peepul Advisors Wingspan FundsAditya Birla Capital Forum Synergies Kotak PE Phi Capital Yes BankAmbit Pragma Gaja Capital L Catterton Premji Invest YournestAmplus Capital General Atlantic Lets Venture Quadria Capital ZMLPApax Partners Godrej Fund Management LIC Reliance AIF Zone StartupApollo Capital GreenHouse Ventures Lighthouse Fund Samara Capital AZBAscent Capital GVFL Lightspeed VP Samena Capital Cyril Amarchand MangaldasAsian Healthcare Fund HDFC Property Fund Lumis Partners Sequoia Capital Dhruva Advisors LLPAsk Pravi ICICI Ventures Macquaire SIDBI Venture Duff & PhelpsAvendus IDFC Madison India SRI Capital EYBain Capital IDG Ventures Matrix Partners Stanchart PE Grant ThorntonBarings PE IFCI Venture Mayfield Stellaris Partners J Sagar AssociatesBlackstone IFMR Milestone Capital Sundaram AlF Khaitan & Co.Blume Ventures IIFL Motilal Oswal Tata Capital Kochhar & Co.Brookfield ILFS MPVFL Temasek KPMGCanbank Ventures India Alternatives Multiples PE The HR fund KROLLCarlyle Indiabulls NEA TPG Nishith Desai AssociatesCatamaran Indian Angel Network NewQuest Capital TRG Advisors India PWCCDC Group Infuse Ventures Nexus VP Trifecta Capital Shardul Amarchand Mangaldas & Co.CDPQ Invascent Nirvana Ventures True North SGG IndiaCPPIB Inventus Capital Norwest VP TVS Capital Arpwood CapitalCarpedium Capital RAIN NIIF ADV Partners Art Special Situation Finance

ANNEXURE – LIST OF IVCA MEMBERS

DELHI/ MUMBAI

IVCA CONCLAVE

MUMBAI

REAL ESTATE & INFRASTRUCTURE SUMMIT

LIMITED PARTNERS DIAGLOGUE

MUMBAI

BENGALURU

INDIA VC SUMMIT

MUMBAI

NAREDCO RE & INFRA INVESTORS SUMMIT

FICCI CAPITAL MARKET CONFERENCE (CAPAM)MUMBAI

MUMBAI

EMPEA LP MASTERCLASS

WASHINGTON

EMPEA GLOBAL PRIVATE EQUITY CONFERENCE

GITEX GLOBAL STARTUP MOVEMENTDUBAI

HONG KONG

SUPER RETURN ASIA

SINGAPORE

ANNUAL LP MEETING & HEALTHCARE FORUM

IMPACT INVESTORS COUNCIL -PRABHAVDELHI/ MUMBAI/ BENGALURU

NEW DELHI

NIIF INFRA SUMMIT

HYDERABAD

GLOBAL ENTREPRENEURSHIP SUMMIT 2017

INVEST INDIA & IVCA’s INVESTOR TOWN HALLNEW DELHI

BENGALURU

INNOFEST

BENGALURU

THINK NEXT by MICROSOFT VENTURES

TAMIL NADU GLOBAL INVESTORS MEETCHENNAI

EVENTSA list of select few IVCA events, partnered events and planned events