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:
IFCI Venture Capital Funds Ltd.
IFCI Venture Capital Funds Ltd. (IVCF)
IFCI Venture Capital Funds Ltd.
IFCI tower, 61 Nehru Place,
New Delhi - 110019.
TEL: +91 - 11 - 26453343, 26453346
FAX: +91 - 11 - 26453348
Email:
rctc@vsnl.com
,
business@ifciventure.com
Website:
www.ifciventure.com
IFCI Venture Capital Funds Ltd. (IVCF) was originally set up by IFCI as a Society by the name of Risk Capital Foundation (RCF) in 1975 to provide institutional support to first generation professionals and technocrats setting up their own ventures in the medium scale sector, under the Risk Capital Scheme. In 1988, RCF was converted into a company, Risk Capital and Technology Finance Corporation Ltd. (RCTC), when it also introduced the Technology Finance and Development Scheme for financing development and commercialisation of indigenous technology. To reflect the shift in the company’s activities, the name of RCTC was changed to IFCI Venture Capital Funds Ltd. (IVCF) in February 2000.
IVCF initially provided financial assistance through soft loans to promoters under its
Risk Capital Scheme
, later it started offering finance under
Technology Finance and Development Scheme
to projects for commercialization of indigenous technology for new processes, products, market or services. Over the years, IVCF acquired expertise and experience of investing in technology-oriented & innovative projects. Since its inception, it has provided finance to over 350 ventures and supported commercialization of over 50 new technologies. It has pioneered effort for widening entrepreneurial base in the country and catalysed the introduction of Venture Capital activity in India.
IVCF today has a professionally qualified team of executives armed with the right mix of industry know-how and necessary insights required for identifying investment opportunities in high growth industries. The team's approach is proactive, hands-on and flexible.
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