From L to R: Ms. Sangeeta Modi, Partner, Access Asset Managers, Sachin Karnik, President, Mumbai Angels, Sasha Mirchandani, Founder & Managing Director, Kae Capital, Vikram Gupta, Founder & Managing Partner, IvyCap Ventures, Amit Patni, Co-Founder & Chairman, Nirvana Venture Advisors
Seminar on ‘Meet the Investors’ by IMC
MUMBAI, (GNI): The Indian Merchants’ Chamber’s Private Equity Committee, chaired by Mr. Dushyant Dave organized a seminar ‘Meet the Investors’ today with leading investors on raising private equity for their businesses. The Seminar included sessions on Venture Capital funding and Growth Stage funding.
The speakers included industry experts, namely Ms. Sangeeta Modi, Partner, Access Asset Managers, Mr. Sasha Mirchandani, Founder & Managing Director, Kae Capital, Mr. Vikram Gupta, Founder & Managing Partner, IvyCap Ventures, Mr. Sachin Karnik, President, Mumbai Angels, and Mr. Amit Patni, Co-Founder & Chairman, Nirvana Venture Advisors, Mr. Dinesh
Tiwari, Managing Director, Multiples Alternate Asset Management, Mr. Akhil Awasthi, Managing Partner, Tata Capital Private Equity, Mr. Vinod Murali, Managing Director, Innoven Capital India, and Mr. Shrenik Khasgiwala, Director, Brand Capital, Bennett, Coleman & Co Ltd.
Mr. Diliip Piramal, IMC President in his welcome address referred to the recent Mckinsey report on Private Equity and stated that it has injected more than $100 billion of capital into India in the past 13 years. It has played a pivotal role in the development of MSME sector and critical industries, spurred job growth, and have played major contributors to the India’s economic development. He further reiterated that “Private equity’s contribution to fund-raising has increased from 20% of total capital in 2001–05 to 46% in 2011–14. Private-equity capital has proved to be a more stable source of equity funding than FII and IPOs funding.
It was opined by Mr. Vikram Gupta, Founder & Managing Partner, IvyCap Ventures that lot more work needs to be accomplished over the next 5 years in the Healthcare, Agriculture,
Technology, Data Analytics and IT sectors. He observed that in the next 15-20 years things will move towards personalization, namely in the education sector, which will see customized
content. According to Mr. Sasha Mirchandani, Founder & Managing Director, Kae Capital, due diligence is critically important to the healthy growth between Venture Capitalists and Seed.
The venture capitalists noticed an increasing change in the business proposition trend with customization being the key focus and the availability of instant information with just a click of
a button that has attracted investor’s interest in a big way.
Private equity and venture capital is an increasingly important source of finance for India’s high-growth potential companies. The goal of private equity and venture capital is to help numbers
of businesses achieve their ambitions for growth by providing them finance, strategic advice and information at critical stages of their development.
The discussion provided an excellent opportunity to interact with well-known Private Equity Funds & Fund managers.ends