IVCA Introduction 15 Sept 15 6-00 pm

Introduction to IVCABuilding the Angel, Venture Capital &

Private Equity Eco-System

Arvind Mathur, President, IVCAarvind.mathur@ivca.in

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

4

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, Presidentarvind.mathur@ivca.in

+91 11 4173 0003+91 11 4616 0389

C7, Paschimi Marg,Vasant ViharNew Delhi-110057

Aakriti Bamniyal, AVP, Memberships & Eventsaakriti@ivca.in

Pradyut Chauhan, Memberships & Newswirepradyut.chauhan@ivca.in

Ntasha Berry, Private Equity & VC Analyst, Publications & Events ntasha.berry@ivca.in

Ritu Singh, Private Equity & VC Analyst, Publications & Events ritu.singh@ivca.in

S. Vaidyanathan , Representative & Memberships, Bangalore

Yogesh Arora, Manager, Administration,yogesh.arora@ivca.in

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