View this email on our Website
                               15 May 2020
Spotlight
  • We are happy to share that IVCAs E-Conference series has been a huge success.
  • Our sessions have been attended by over 1,200 attendees live. We have also received over 2,000 views on YouTube.
  • IVCA members and non-members receive industry updates through our newsletter.
  • We will continue to monitor the COVID-19 situation and how it impacts our industry. A section of the newsletter will cover the situation in depth.
Advocacy
The IVCA Executive Committee members interacted with Honourable CIM Shri Piyush Goyal on 29 April 2020 to discuss industry issues and on 28 April 2020 with DPIIT to discuss clarification on Operationalizing PN3.

IVCA has submitted the following representations on behalf of the industry to various government authorities. Some of the crucial ones are:

- Representation on Press Note 3 (2020) on FDI and its impact on PE/ VC Investments
- Moratorium benefit under COVID-19 to NBFC
- AIFs and startups request for support from Government during COVID crisis
- Difficulties in executing and stamping documents during the Lockdown and
- Submission to SIDBI on their COVID-19 Startup Assistance Scheme CSAS

Ongoing discussions/recommendations made on the queries raised by SEBI on Special Situation Funds, Initiation of AIPAC Distributor Fees Working Group & Fund Structures Working Group and Follow up on Performance Benchmarking (PB) clarification.
  • Click here to view the update for the month of April.
  • Members can access the submissions herePlease log in with your unique ID and Password. In case you have any enquiries, please write to us at: advocacy@ivca.in.

Member's Speak
Macro Outlook in a Post COVID Era

An excerpt: Covid-19 has highlighted that a lot needs to be done with regards to the present state of Indias healthcare systems. Underlining this, are the key macro trends that will likely shape the direction of the sectors investment needs in wake of the COVID legacy. Over the past decade, India attracted about USD 12.5Bn capital in healthcare and life science sectors making it among the top sectors in the country to attract private capital. In a Post-COVID era too we expect a sharp scale-up of investments reflecting the sectors enormous growth potential.

- Visalakshi Chandramouli, Founding Partner, Tata Capital Healthcare Fund

Read the full blog here.
Follow the Twitter thread here.
Discussion on Consumer Food Brands Navigating Recovery Post - COVID19

An excerpt: while businesses come to a halt and business metrics are affected, people are coming under attack and are scared and anxious about the future. While we are keen to get back to business, we must focus on the safety of our employees. This is the time when the culture and values imbibed by an organization come to the forefront. It is time for organizations to walk the talk and live up to values mentioned on the posters on their office walls. While business metrics are important, companies should adopt a people-first approach and ensure that the well-being of their employees and customers is the key
Read the full blog here.
Unprecedented Times

An excerpt: I would like to emphasise about the need to continue learning, especially during this time. Its important to note down the things weve learnt in the last 45 days. Everyone has learnt something new, knowingly or unknowingly, a new skill, a new physical exercise, a new way to calm the mind or a new way to look at things.

Harish Talraj, Vice President, Investment Operations

Read the full blog here.
Follow the Twitter thread here.
Please note: As this is a monthly newsletter, we request our members to submit articles on the latest topics, best practices and case studies to be published in our next issue.

COVID-19 Update
We are carrying COVID -19 related updates on our website. Here is a comprehensive repository for related resources. 

Reports and Data
IVCA PE & VC Report : A snapshot of PE & VC investments, Exits, Angel Investments, and Investments involving AIFs in April 2020.

Covid-19: Projected Impact on Indian PE/VC: The report gives insights on how GPs can manage the uncertainties rising from the pandemic and ways to manage their current portfolio.

IVCA-EY PE & VC Roundup for April 2020: A report that analyses key monthly trends in investments and exits to give PEs and VCs an edge in making future deals and decisions.

To view previous IVCA - VI & IVCA - EY reports, please click here.

What we have been upto: IVCA E-Conference Series
IVCA started its E- Conference series in the month of April. We hosted six webinars with over 70 speakers attended by 1,200 viewers live and with over 2,000 views on YouTube.

Click here to view the highlights of the past webinars and updates on the upcoming ones.


IVCA in the News
In April, IVCA and its members were featured in more than 45 print and digital media articles as well as TV media interviews. Some of these media houses include Business Standard, Economic Times, Tech Circle, and CNBC among others.
Here's the link to view IVCAs press coverage in the month of April '20.

IVCA in the Social Media
Follow us on Twitter & Linkedin.
New Member
We welcome our new member:
Get in Touch with our Team
Advocacy                  
advocacy@ivca.in
soniya@ivca.in
           rahul.shah@ivca.in
Memberships
aakriti@ivca.in
sunitha@ivca.in

Events
ivcaevents@ivca.in
prasanna.mandal@ivca.in

IVCA is committed to keeping our members updated and connected about our advocacy efforts. We also want to build a vibrant peer network which shares best practices in the industry with each other. Every month, we will carry an advocacy update, share industry news and data, and bring to you our members perspectives. We will also be reaching out to you, to get your feedback on our format, as well as seek regular contributions from you to enhance our thought leadership content pipeline.

About us: IVCA is the oldest and most influential PE & VC industry body in India, its purpose is to promote the Alternative Investment Asset class. IVCA supports the ecosystem by facilitating advocacy discussion with the Government of India, policymakers, regulators, and supports the entrepreneurial activity, innovation and job creation in India.

Follow us on:
Address: IVCA Association 806, 8th Floor, Akashdeep Building, 26A Barakhamba Road, Connaught Place, New Delhi – 110001
Call Us: 011-49879305