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                               15 June 2020
Spotlight
  • IVCA members and its Executive Committee interacted with Shri Jayant Sinha, Chairperson, Parliamentary Standing Committee on Finance. Some of the pressing industry concerns discussed were: Clarification on Press Note 3, Mobilisation of Domestic Institutional Funds, Hybrid instruments (enhancing capital flow in the economy), and one time tax exemption.
  • IVCA has started its blog to build a content pool that showcases the diligent PE, VC & Startup opportunity in India; the impact it is making on the Indian economy now; and prospects of this in the long run.
  • IVCA has published more than 13 blog posts so far.
Advocacy
IVCA members along with the Executive Committee interacted with Shri Jayant Sinha, Member of Parliament. Some of the most pressing industry concerns were discussed: Clarification on Press Note 3, Mobilization of Domestic Institutional Funds, Hybrid instruments (Enhancing capital flow in economy), and views on tax concession.

Other crucial representations submitted to Government authorities:
  • Request for one-time exemption on levying LTCG Tax on the fresh investment made by PE & VC Funds for next two years.
  • RBI’s position on NBFC licensing matters
  • Representation to provide funding to complete distressed Real Estate housing projects
  • IVCA recommendations regarding direct listing outside India for (unlisted) public companies
An ongoing discussion/representation to SEBI includes:
  • Pricing of Preferential Issues and exemption from open offer for acquisitions in Companies having Stressed Assets
  • Consolidations/Mergers of AIF’s
  • Note on Distributors Fees & Registration of Distributors 
Click here view the update for the month of May.

Members can access the submissions here.

Please 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
A New World Order & A New India

An excerpt: “Margins for businesses and start-ups have never been this important. With extreme corrections in valuations, organizations will be forced to introspect and move towards established fundamentals of business- sustainable economics. The transitions have already begun; technology adoption, planned over 3-4 years, is now taking place in a few months.”

- Rohit Goyal, Managing Partner, Windrose capital

Read the full blog here.

Why COVID will bring tectonic shifts to the VC Industry

An excerpt: “Governments have become (more) evangelized towards spending more on healthcare and well-being of people. Corporations, and literally every institution, are now convinced of the need to provide the broad health infrastructure to people they employ as on of top priorities for the future.”

- Devang Mehta, Partner, Anthill Ventures

Read the full blog
here .
Interview of Srinath S, Oman India with Pratik Sengupta from Duff and Phelps

Srinath S, is the Chief Executive Officer of OIJIF and has led it since its inception in early 2011. Srinath’s 27 years of experience includes 18 years in private equity across India and South East Asia, where he has a strong track record of managing successful private equity funds. Srinath has been very active in supporting industry issues and is active with IVCA since 2014. He served as the Executive Committee member of IVCA from 2018-2020.

Pratik Sengupta, Director in the Alternative Asset Advisory practice, Duff and Phelps had an engaging interview with Srinath on the impact of COVID-19 on the Indian economy, the PE landscape, the fundraising environment and future challenges.

Click here to view the interview.
Reports and Data
IVCA PE & VC Report: A snapshot of PE & VC investments, Exits, Angel Investments, and Investments involving AIFs in May 2020.

IVCA-EY PE & VC Roundup for May 2020: A report that analyses key monthly trends in investments and exits to give PEs and VCs an edge to thrive in this changing environment.
IVCA E-Conference Series
IVCA brings to you a series of invigorating e-conferences this month on topics such as:
  • Logistics and Supply Chain that Moves One Billion Indians and Businesses
  • Future Workplace - Safety & Trends in Real Estate
  • Digitising Bharat - Bridging the Digital Gap

Some of our esteemed panellists include Shri Anil Agarwal, Joint Secretary, DPIIT; Alok Mittal, Co-Founder and CEO, Indifi; Anjali Bansal, Founder, Avaana; Ruchira Shukla, Regional Lead, South Asia, Disruptive Technologies - Digital Equity and VC funds, IFC; Anjali Ajaikumar, VP-Strategy, HCG; and Nitin Jayakrishnan, Founder and CEO, Pand
o


Click here 
to register yourself for the upcoming webinars and to view the highlights of the past ones.

IVCA in the News
In May, IVCA and its members were featured in more than 38 print and digital media articles as well as TV media interviews.Total visibility of IVCA’s articles has reached 67.3 crores including both print and digital.

Here's the link 
to view the snapshot of IVCA's press coverage and social media updates for the month of May '20. 
New Member
We welcome our new member:
Click here to view all the IVCA members.
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
shreya@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 member’s 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.

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