IFCI Venture Capital Funds Ltd. (IVCF) was founded in 1975 by IFCI. IVCF is one of those companies that were involved in the process of introducing venture capital concept in India. From the very beginning, IFCI Venture Capital Funds Ltd. has been providing financial support for establishing new business projects. It also offered help for the commercialization of modern technologies. Since its origination, the company has offered financial services to more than 350 start-up businesses. At the same time, the company is also involved in the commercialization process of more than 50 modern technologies.
At the beginning, IFCI Venture Capital Funds Ltd. was known as Risk Capital Foundation (RCF). The primary aim of Risk Capital Foundation was to provide medium scale business settings with institutional services. These businesses belonged to the first generation of technological experts and professionals and were established under the Risk Capital Scheme. After being converted into Risk Capital and Technology Finance Corporation Limited, the company provided the Technology Finance and Development Scheme. The scheme was introduced to offer financial services for the modernization of the indigenous technology. Shri Atul Kumar Rai is leading the board of directors of IFCI Venture Capital Funds Ltd. as the chairman.Private Investment Services of IFCI Venture Capital Funds Ltd. A large number of investment options are developing in India for a number of reasons. The economy of the country is experiencing rapid growth. Globalization is causing shift of a number of industries to other countries where the production cost is comparatively low and India is becoming a favorite destination of these businesses. In India growth in the sectors like telecom and automobiles is providing more investment options to the investors. IFCI Venture Capital Funds Ltd. has the necessary experience about the investment sector of India because the company itself has been involved in investment from the very beginning. Because of this, the company helps the investors to identify the investment options that ideally meet their investment requirements. Contact Details: IFCI Tower, 16TH Floor,
61 Nehru Place,
New Delhi – 110 019
Tel: 0091-11-26453343, 26453346
Last Updated on : 27th June 2013