![]() It helps in providing financial help to the firms working in the field of health care products, electronic and computer technology. The basic objective is to get long-term capital gains by equity investment, high risk and high return investment in private companies. Thus, it cannot be more than 10% of its funds in one project and will take up to 50% of the project equity. ![]() The Indus Venture Management Limited owns to the limit of 35% by private sector and international companies had 30% and 35% of the Government of India. Venture capital is a form of private equity financing provided to early-stage and high-growth startups that have potential for significant returns. Company has recently invested $1.58 million for helping the establishment of privately managing venture capital funds. But individuals who are VCs are more generally known as angel investors, because they often. Venture capitalists (VCs) are more often firms, such as Kleiner Perkins or Sequoia. It provides) help to both equity capital and management support to the entrepreneurs. Venture capital is a type of financing provided to privately-held businesses by investors in exchange for partial ownership of the company. Indus Venture Management manages the investment of fund by a separate company. Indus Venture Capital Fund with a capital of 2 crore is the private company formed by several Indian and foreign companies to provide venture capital funds to the firm present in India. It provides financial help to the firms which will develop information technology, pharmaceutical, veterinary biological, environmental, engineering and other innovative services in the country. The basic target is on the small and medium-sized unlisted companies with the increasing growth and capital. It gives financial help to the projects of professional technocrats which does an initiative planning and making indigenous technology in the country. The ICICI and UTI in January 1990 has jointly made the second venture for Rs,100 crore. It was the first fund floated for giving the venture capital to entrepreneurs in the country and also is the part of venture capital unit scheme with the help of UTI. TDICI had the first venture fund of 20 crore which was subscribed equally by ICICI and UTI. ![]() TDICI provided equity conditional loans, convertible loans and modern technology information service to the small and medium industries which are owned by technocrat entrepreneurs. ![]() The initial authorized capital was 220 crore which was increased to 740-50 crore. It started its working from August 1988 after taking up the venture capital operations of ICICI. It was promoted by ICICI and UTI according to the Companies Act, 1986. The Technology Development and Information Company of India Limited (TDICI) was made in July 1988 which was the first venture finance company of India. ![]()
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