NURTURING A VENTURE:A Venture Capitalist’s Perspective<br />
RAJASTHAN VENTURE CAPITAL FUND<br />
RAJASTHAN VENTURE CAPITAL FUND<br />Established in 2002-03.<br />Based in Jaipur.<br />Conceptualised and funded by <br />...
and the Small Industries Development Bank of India (SIDBI).</li></ul>Rajasthan’s first venture capital fund.<br />Mandated...
Focused on small and medium sized companies in the field of: <br /><ul><li>IT/ITeS
Bio-technology
Retail
Auto
Agri-Tech
Health Care
Tourism
Hospitality and
Entertainment sectors, etc.</li></li></ul><li>Active investment portfolio of eight companies, principally in Rajasthan and...
Upcoming SlideShare
Loading in...5
×

Venture Capitalist

570

Published on

Gujurat Venture Capital Fund

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
570
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Venture Capitalist

  1. 1. NURTURING A VENTURE:A Venture Capitalist’s Perspective<br />
  2. 2. RAJASTHAN VENTURE CAPITAL FUND<br />
  3. 3. RAJASTHAN VENTURE CAPITAL FUND<br />Established in 2002-03.<br />Based in Jaipur.<br />Conceptualised and funded by <br /><ul><li>The Rajasthan State Industrial Development & Investment Corporation Limited (RIICO)
  4. 4. and the Small Industries Development Bank of India (SIDBI).</li></ul>Rajasthan’s first venture capital fund.<br />Mandated to operate on pan India basis. <br />
  5. 5. Focused on small and medium sized companies in the field of: <br /><ul><li>IT/ITeS
  6. 6. Bio-technology
  7. 7. Retail
  8. 8. Auto
  9. 9. Agri-Tech
  10. 10. Health Care
  11. 11. Tourism
  12. 12. Hospitality and
  13. 13. Entertainment sectors, etc.</li></li></ul><li>Active investment portfolio of eight companies, principally in Rajasthan and National Capital Region<br />Provides managerial support besides financial support to these companies.<br />Rajasthan-based companies includes Natural Technologies, Cyber Futuristics, Hiteshi Herbotech and Harbinger TechAxes. <br />NCR based companies include Home Store (India) Ltd., Liqvid e-Learning Services and Escotoonz Entertainment, Sundri Apparels Pvt. Ltd. <br />Successfully raised over Rs. 100 Cr. for its second fund & is further raising Rs 50 Cr. under "Green Shoe" option.<br />
  14. 14. Fund Objective <br />The Fund's investment in companies is through the route of equity, quasi-equity and debt instruments. <br />To provide the necessary management inputs towards developing the company's future direction and business strategies<br />Provides its investee companies, strategic support through its network, active partnership, etc. as a part of value addition and maximizition of shareholders wealth.<br />
  15. 15. INVESTMENT POLICY <br />
  16. 16. 1. Eligible Projects<br />To make available venture capital to new companies, which have shown performance, <br />To cater to growth and expansion of established unlisted companies.<br /> Invests in start-ups, turn-around and buy-out situations on case to case basis. <br />
  17. 17. 2. Investment Criteria<br />The Fund is Looking for projects offering potential for an attractive growth and earnings. <br />Some of the parameters critical for project selection are: <br />Management<br />Market<br />Competitiveness<br />Return On Investment<br />
  18. 18. 3. Investment Instrument <br />The Fund invests in the form of <br /><ul><li>Equity
  19. 19. Optionally Convertible Debentures (OCD)/ Optionally Convertible Cumulative Preferential Shares (OCCPS), etc.
  20. 20. In exceptional cases conditional loans may.</li></ul> The exact instrument varies from case to case depending on the <br /><ul><li>risk perception
  21. 21. the requirements of the investee company and
  22. 22. the applicable SEBI regulations. </li></li></ul><li>4. Investment Range<br />Instrument Range <br /><ul><li>The Fund undertakes individual investment normally in the range of Rs. 10 million to Rs. 200 million.
  23. 23. Normally investment in equity is restricted to 40% of the total paid up capital of the company .
  24. 24. Larger investment may also be considered jointly with national funds. </li></ul>Investment Horizon <br /><ul><li>The Funds investment horizon varies from 3 to 7 years with the option for a quicker exit incase the situation so warrants. </li></li></ul><li>5. Disinvestment <br />The preferred exit route is through a listing on the stock exchange within 3 to 5 years, or as may be stipulated, from the date of investment. <br />The promoters are offered the right of first refusal of the Fund's holding at a market-determined price. <br />
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×