IVCA’s 2nd Edition of #VC101 in Bengaluru, Educates FTFMs on Fundraising Skills for Success

After efficiently kicking off #VC101 in Mumbai, India’s apex {industry} physique for various property, the Indian Venture and Alternate Capital Association (IVCA), held its second in-person studying session for #VC101 in Bengaluru on June 15. #VC101 is an industry-led knowledge-sharing programme for first-time fund managers (FTFMs) organised by IVCA in collaboration with information companions – Price Waterhouse & Co LLP and IC Universal Legal.

IVCA’s 2nd Edition of #VC101 in Bengaluru, Educates FTFMs on Fundraising Skills for Success

With over 100 registrations the Bengaluru version lined themes similar to fundraising from international and home swimming pools of capital, India’s funding potential, FTFMs to raised navigate LP-GP relationships, LPs’ key issues for investments, and methods that must be adopted by FTFMs when pitching to buyers.

Spearheading the Bengaluru version Manish Kheterpal, Co-founder & Managing Partner, WaterBridge Ventures, and VC Council member, IVCA, stated, “The Venture Capital asset class in India has matured sufficient to draw a various vary of buyers, together with international LPs, home institutional LPs, company buyers, government-sponsored fund-of-funds, and household places of work who’re taking a extra structured strategy to managing their wealth.”

Manish additional provides, “In the present atmosphere of elevated focus on constructing sustainable and worthwhile companies, fund managers might want to equip themselves with superior portfolio development and fund sizing abilities. More tact is due to this fact required in navigating LP–GP negotiations, fundraising processes in addition to full cycle investments-to-exit excellence. IVCA’s #VC101 programme goals to bridge gaps born out of this want and can finally assist construct a brand new crop of profitable fund managers in India.”

Other lead mentors who joined the Bengaluru version of #VC101 have been – Anil Joshi, Managing Partner, Unicorn India Ventures; Anand Lunia, Founding Partner, India Quotient; Jayshree Kanther Patodi, Co-founder and Partner, Enzia Partners; Anjali Sosale, Partner, WaterBridge Ventures; Himanshu Mandavia, Partner, Price Waterhouse & Co LLP; Leelavathi Naidu, Partner, IC Universal Legal; Sushreet Pattanayak, Partner, IC Universal Legal; Siddharth Jhunjhunwala, Head Waterfield Fund of Funds, Waterfield Advisors; Ankur Nishar, Director – Deals (Tax), Price Waterhouse & Co LLP; Chirantan Patnaik, Director – Venture Capital, British International Investment (BII); KC Ganesh, President, Pratithi Investments; Krupa Shankar, Principal, NIIF; Naganand Doraswamy, Managing Partner and Founder, Ideaspring Capital; Rohit Bhayana, CEO & Co-founder, Oister Global; Ruchira Shukla, South Asia Regional Lead for Disruptive Technology Investments, IFC.

Through #VC101, IVCA goals to advance India’s enterprise capital atmosphere and amplify the “India alternative.” With a number of buyers elevating their largest-ever India-focused funds in 2022, India at present sits on an enormous dry powder reserve. Moreover, not too long ago, restricted companions and sovereign wealth funds have demonstrated elevated dedication to India, as India’s sturdy fundamentals are anticipated to comfortably offset the compression in funding introduced on by international macroeconomic uncertainties. Thus, India continues to shine as a beacon of regular development, and it’s this India alternative that #VC101 goals to push FTFMs to leverage.

Himanshu Mandavia, Partner, Price Waterhouse & Co LLP, stated, “Amidst the ever-evolving financial panorama and dynamic regulatory framework, aspiring members venturing into the fund {industry} usually face overwhelming challenges. The #VC101 programme organised by IVCA, is a wonderful alternative for first-time fund managers to understand essential facets and glean insights from seasoned enterprise capital {industry} specialists who’ve efficiently paved the trail for the subsequent technology of fund managers.”

Tejesh Chitlangi, Senior Partner, IC Universal Legal, stated, “I’m delighted to function a mentor in the VC101 program, an initiative by IVCA designed to information first-time fund managers. As a information accomplice for VC101, IC Universal Legal, intends to cowl fund buildings for household places of work in the Bengaluru version of VC101, and stroll first time fund managers by way of the issues that they could must maintain in thoughts whereas creating AIFs to handle capital from household places of work or whereas elevating capital from different institutional buyers similar to fund-of-funds, improvement finance establishments and different international buyers. This ought to assist first time fund managers faucet into rising pool of buyers trying so as to add Indian AIF investments as a component of their portfolio.”

The subsequent version of #VC101 will happen in New Delhi on July 6. Participating FTFMs can sit up for mentorship from Rajan Anandan (Managing Director, Peak XV Partners), Priyanka Chopra (Chief Operating Officer, Managing Partner, Seed Investing, CIIE.CO, IIM Ahmedabad, and Venture Partner, Bharat Innovation Fund), and Sehraj Singh (Managing Director, India, Prosus Ventures), amongst others.

About IVCA

Indian Venture and Alternate Capital Association (IVCA) is a not-for-profit, apex {industry} physique selling the alternate capital {industry} and fostering a vibrant investing ecosystem in India. IVCA is dedicated to supporting the ecosystem by facilitating advocacy discussions with the Government of India, policymakers, and regulators, ensuing in the rise of entrepreneurial exercise, innovation, and job creation in India and contributing in direction of the event of India as a number one fund administration hub. IVCA members are probably the most lively home and international VCs, PEs, funds for infrastructure, actual property, credit score funds, restricted companions, funding corporations, household places of work, company VCs, and information companions. These funds make investments in rising corporations, enterprise development, buyout, particular conditions, distressed property, and credit score and enterprise debt, amongst others.