IVCA - Indian Venture and Alternate Capital Association
Established in 1993, the Indian Venture and Alternate Capital Association (IVCA) is a non-profit organization that serves as the apex industry body dedicated to promoting the alternate capital industry and nurturing a thriving investment environment in India. IVCA is resolutely committed to bolstering the ecosystem by advocating regulatory interventions and facilitating constructive dialogue with the Government of India, policymakers, and regulators. This collaborative approach fosters increased entrepreneurial activity, innovation, job creation, and contributes to positioning India as a leading global fund management hub.
With over 490 members and a combined AUM exceeding $350 billion, IVCA’s esteemed membership comprises the most active domestic and global entities, including VCs, PEs, Infrastructure Funds, Real Estate Funds, Credit Funds, Limited Partners, Investment Companies, Family Offices, Corporate VCs, Category III Funds / Hedge Funds, and Knowledge Partners.
Within the SEBI-registered AIF landscape, 49% of all registered AIFs are IVCA members. Within the total IVCA membership base, 74% of members manage AIFs. IVCA stands as the sole industry association for alternate capital funds engaged in investments within India and is collectively owned by industry members.
IVCA holds legal registration as a Section 8 entity, signifying a non-profit organization. Vistra ITCL (India) Limited serves as the custodian of IVCA’s trust-held shares.

