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Partner Event: World’s best finance minds converging at IVCA CONCLAVE 2012 on April 19

Partner Event Press Release:

- IVCA celebrates 10 years of Private Equity and Venture Capital in India
- Upbeat promoters to discuss the contribution of Private Equity and Venture Capital business to the economic growth of the country
- Investments through PE continue to grow at double digit: Over Rs. 2,50,000 crores invested in the country in the last 10 years


New Delhi, April 5, 2012: Indian Private Equity & Venture Capital Association (IVCA), a unified and influential voice of private equity and venture capital, is organising - IVCA Conclave 2012. The first such industry conclave is organized to showcase the contribution of Private Equity and Venture Capital to the economic growth of the country. The conclave with a theme of “Celebrating the 10 years of PE VC”, will project the positive contribution of the industry in fostering innovation and entrepreneurship at the mega conclave scheduled on April 19th at The Leela Palace, Chanakyapuri, New Delhi.

“Aptly themed, the conclave intends to send out optimistic message to prepare the industry for a better tomorrow,” says, Mahendra Swarup, President, IVCA.

Calling upon all stake holders in PE, VC and policy makers to join and discuss every possibility of collaboration for growth, Mr. Swarup says, “This probably is the best opportunity when all of us, the Limited Partner’s, General Partner’s and policy makers will be together to create an avenue of projecting ‘the India Potential’ to all stakeholders. There have been heavy investments in technology, telecom, infrastructure, supply chain and logistics in the last decade. With the recent Union Budget proving to be beneficial to the Venture Capital industry, keeping in mind the ‘removal of restriction of VCFs to invest in nine sectors’, we feel that this move will now support the start ups across industries and will further fillip the growth of the sector. Venture Capital and Private Equity Funds are urgently needed by the small and medium sector to start new ventures and scale up existing ones. This segment needs to be expanded fast not only for innovative and high tech start ups but also for conventional industries.”

Supported by all major players of the industry, the Conclave will see over 250 + thought leaders from across the globe sharing their vision and views. IVCA Conclave will enclose key sessions focusing on Milestones & Learning over the past 10 years, Investment Opportunities & Emerging Markets Strategy, Opportunities and Challenges as we look forward and Role of Early Stage Investing in India.

Sumir Chadha, Chairman, IVCA, elaborated on the objective of the IVCA Conclave 2012, says, “The Conclave is ‘for the industry’ and ‘by the industry’. It will cultivate the spirit of commonality of issues and create a platform for private equity and venture capital professionals to interact, network and come together to join hands with IVCA to encourage close cooperation amongst the various stake holders of the industry.”

The Private Equity (PE) and Venture Capital (VC) industry is growing rapidly in India and has played an important role in the growth of the Indian industry across sectors. Today, India is a part of an investment of Rs. 2,50,000 crores, which is huge and speaks volume about the growth. The total market value of PE industry is estimated to be at least $200 billion.

The eminent panelists discussing various issues related to the industry will be Prashant Saran, Whole Time Member SEBI, Raja Kumar, Ascent Capital, Ashish Dhawan, ChrysCapital, Anil Ahuja, 3i, Ajay Relan, CX Partners, J M Trivedi, Actis, Sandeep Singhal, Nexus Venture Partners, KP Balaraj, WestBridge Capital, Archana Hingorani, IL&FS, Tim Flower, Harbourvest, Pavan Gupte, Hermes-Gartmore, Nirav Kachalia, Morgan Creek Capital, Alain Berdugo, AXA Private Equity Asia, Satish Mandhana, IDFC PE, Nitin Deshmukh, Kotak PE, Akhil Gupta, Blackstone, Sanjeev Aggarwal, Helion Ventures, Andress Goh, Allianz Capital, Mohit Bhatnagar, Sequoia Capital amongst other distinguished.

Darius Pandole, New Silk Route and Niten Malhan, Warburg Pincus, who are also the notable Executive Committee members of IVCA, will be moderating the key sessions on Learning & Milestones of PE VC and Opportunities & Challenges: looking forward.

The IVCA 2012 Conclave will bring an opportunity to learn, share and evolve with the masters in the business, explore vibrant ideas, witness innovation, network and celebrate outstanding achievements in the business of PE and VC in India.

About Indian Private Equity & Venture Capital Association (IVCA)

Indian Private Equity and Venture Capital Association (IVCA) is a member based national organization that represents venture capital and private equity firms, promotes the industry within India and throughout the world and encourages investment in high growth companies. IVCA members comprise venture capital firms, institutional investors, banks, incubators, angel groups, corporate advisors, accountants, lawyers, government bodies, academic institutions and other service providers to the venture capital and private equity industry. Members represent most of the active venture capital and private equity firms in India. These firms provide capital for seed ventures, early stage companies, later stage expansion, and growth finance for management buyouts/buy-ins of established companies.

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