ICICI Venture

ICICI Venture is a specialist alternative assets manager based in India, serving as a wholly owned subsidiary of ICICI Bank. With a focus on driving entrepreneurship in India, the firm has been a partner and capital provider for individuals seeking to create value for stakeholders and the nation. Over two decades, various funds managed by ICICI Venture have invested in more than 500 companies, showcasing the firm's commitment to its mission. Additionally, ICICI Venture Funds Management Company Limited, a private equity, venture capital, and real estate investment arm of ICICI Bank, specializes in a range of investments including buyouts, growth capital transactions, mezzanine financing, and real estate projects in Tier 1 cities in India. Operating with offices in Mumbai, Bangalore, and New Delhi, ICICI Venture continues to be a prominent player in the Indian alternative assets market.

Mohit Batra

Executive Director and Co-Head of Infrastructure

Rohith Bhandary

Principal of Investments

Puneet Bhatia

Senior Director, Real Estate

Beena Chotai

Chief Financial Officer

Ramu Kennedy

Principal

Kalpesh Kikani

Co-Head of Special Situations

Nikhil Mohta

Director, Private Equity

Puneet Nanda

Managing Director and CEO

Prashant Purker

Managing Director and Chief Executive Officer

Sainath Ramanathan

Director, Private Equity

Rajdish Randhawa

Associate Vice President

Pradeep Rohilla

Director, Real Estate

Kundan Saran

Director of Fund Raising and Investor Relations

Sanjeev Sehrawat

Senior Director of Private Equity

Rushank Vora

Director, Private Equity

38 past transactions

Go Colors

Venture Round in 2018
Go Colors is a popular brand in women’s apparels specializing in bottom wear range which is not only trendy but also very much affordable and promising in terms of quality. While legwear for girls starts from Rs.199, women can buy their favorites starting from Rs.399. With such an exciting collection of women’s bottoms online available at unbeatable prices. So get ready to splurge on the latest pieces for your closet.

Trinethra

Private Equity Round in 2000
To be the foremost Retail Brand which makes India healthy and happy, with an obsession to provide wholesome and freshest foods. Passionately deliver convenient, competitive and meaningful solutions to the evolving regular needs of the Indian consumer in a sustainable and responsible manner.

Rubamin

Venture Round in 2007
Manufacturer of specialty metal chemicals, metal intermediates and mineral explorations based in Vadodara, India. The company offers zinc and catalyst recycling along with related drilling services with the aim of supplying quality products that are relevant, reliable, consistent and safe.

Star Health and Allied Insurance

Private Equity Round in 2016
Star Health and Allied Insurance Co Ltd commenced its operations in 2006 with the business interests in Health Insurance, Overseas Mediclaim Policy and Personal Accident. With no other insurance category to focus and divide our attention, we use our resources to focus on service excellence, design products and use core competency of innovation to deliver the best to our customers. At Star Health Insurance, the company offers a wide range of health insurance products at affordable prices to make health insurance every human being’s right. And as a company, single-mindedly dedicated to health insurance.

PVR

Post in 2008
PVR Ltd. is the largest film exhibition companies in India. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Saket, New Delhi. Currently with a Cinema circuit of 562 screens spread across 122 cinemas covering 48 cities across the country. PVR continues to provide superior quality ambience, technologically updated systems, and best service standards to ensure customer delight and unmatched cinema viewing experiences.

TOPS Security

Venture Round in 2007
Tops Security is a security services provider, predominantly providing guarding services. It also specialises in emergency response, electronic security systems and other ancillary services.

BTI Payments Pvt Limited

Private Placement in 2019
BTI Payments Pvt Limited deploys and manages automated teller machines (ATMs) and point-of-sale terminals in India. The company offers DepositConnect, a safe-deposit online solution for retailers that displays deposit details, such as denominations and cashiers. It also provides ATM managed services for financial institutions. BTI Payments Pvt Limited was formerly known as BANKTECH India Pvt. Ltd. The company was founded in 2006 and is based in Bengaluru, India. BTI Payments Pvt Limited operates as a subsidiary of The Banktech Group Pty Ltd.

Clix Capital

Private Placement in 2019
Clix Capital Services Private Limited provides financing services worldwide. It offers SME lending, which includes loan against property, loan against card receivables, business loans, and supply chain; consumer finance, which includes personal loan, doctors' loan, used car loan, and sales finance; equipment finance, which includes equipment loans and equipment leases; and commercial lending, which includes corproate loan, healthcare loan, and auto lease. Clix Capital Services Private Limited was formerly known as GE Money Financial Services Pvt. Ltd. The company was founded in 1994 and is based in Gurugram, India.

ePack Durables Solutions

Venture Round in 2021
ePack Durables Solutions is the management of the second-largest contract manufacturer of room air conditioners.

Tebma Shipyards

Venture Round in 2007
Tebma Shipyards Limited designs and constructs offshore support vessels and tugs in India and internationally. It offers offshore support vessels, including GTRVs, PSVs, MPSVs, LCVs, and AHTS; tugs; dredgers, such as amphibious cutter suction, tusker, and deweeding dredgers; floating cranes; and pilot launches, as well as LPG carriers and survey launches. The company was formerly known as Tebma Engineering Limited and changed its name to Tebma Shipyards Limited in July 1998. The company was founded in 1984 and is headquartered in Chennai, India. As of March 31, 2020, Tebma Shipyards Limited operates as a subsidiary of Cochin Shipyard Limited.

Theobroma

Venture Round in 2017
Theobroma has 15 outlets and is present in Mumbai and recently launched in national capital region. It has centralized production facilities for each city with a high take-away ratio and low capex per outlet upping profitability. Since established ourselves as a leading food destination in a highly competitive environment. Theobroma has grown from it’s humble beginnings at the iconic Cusrow Baug at Colaba Causeway to a rapidly growing chain of patisseries. Our commitment to quality, innovative products, honest prices and personalised service have ensured a long list of loyal customers.

IGT Solutions

Merger/Acquisition in 2019
IGT Solutions Pvt. Ltd. provides information technology (IT) and business process outsourcing (BPO) solutions. The company offers IT outsourcing services, such as custom development, application maintenance, production support, enterprise application integration, customer relationship management, data warehousing, business intelligence, product development, infrastructure management, and business continuity; and testing and validation services, including functionality, performance, security, usability, and specialized testing, as well as optimization, and technology and tools services. It also provides mainframe TPF/ALCS development services, which include TPF consulting, software development and testing, technical writing/documentation, and software maintenance; and technology consulting services that consist of architecture roadmap consulting, ecommerce strategy planning, legacy mainframe to Web integration, and applications interfacing services, as well as various outsourcing solutions for non-core processes. In addition, the company’s BPO services include inbound and outbound sales and services; and back office transaction processing services, such as revenue recovery and sales audit, group booking, fraud prevention, contact centers, queues processing, teletype rejects, dupes handling, flight disruption support/rebooking, frequent flyer program, rules coding and quality check, and fares loading, as well as transaction processing, data management, and customer interaction. It serves low cost carriers, airlines, travel management companies, travel agencies and portals, GDSs, travel technology companies, and hotels and corporate customers in India and internationally. IGT Solutions Pvt. Ltd. was formerly known as InterGlobe Technologies Private Limited and changed its name to IGT Solutions Pvt. Ltd. in March 2019. The company was founded in 1998 and is based in Gurugram, India, with facilities in India, China, North America, Europe, and the Philippines. IGT Solutions Pvt. Ltd. is a former subsidiary of InterGlobe Enterprises Limited.

Indifi Technologies

Series E in 2023
Indifi Technologies Pvt. Ltd. operates an online platform that connects lenders and borrowers to provide loans. The company offers different lifecycle support services for lenders, which include marketing and customer relationship management (CRM), data aggregation, data analysis, on-ground support, loan monitoring, and payment management. It serves clients in e-commerce, travel, hospitality, retail, and trading businesses. The company was incorporated in 2015 and is based in Gurugram, India.

Zopper

Series C in 2022
Zopper.com is India's largest hyper local mobile marketplace featuring over 15,000+ offline retailers. Founded by serial entrepreneurs Surjendu Kulia and Neeraj Jain and mentored by Satish Jha and Anurag Batra, Zopper taps on the benefits of shopping at a retail store and marries them with the convenience of shopping via mobile phones. Users can buy from the comfort of their homes/offices and get the product instantly from their nearby trusted stores. Backed by marquee investors such as Tiger Global, Blume Ventures and Nirvana Ventures Advisors, the company has raised over US27 million in venture funding.

Perlecan Pharma

Series A in 2005
An India-based integrated drug development company.

Transafe

Acquisition in 2004
Transafe Services Limited provides container movement and equipment leasing services. It offers cold storage and refrigerated transportation services for products ranging from dairy products and poultry to medicinal items, such as vaccines, sensitive perishables, etc.; and operating, domestic standard, and international shipping leasing services. The company provides freight transportation and warehousing services for various products ranging from white goods, such as televisions, refrigerators, etc. to consumer durables, such as tires and commodities; and trailer leasing services. It also leases bunk houses for site offices, living rooms, common rooms, dining rooms, etc.; field offices, conference halls, field accommodations, kitchen containers, toilets, dispensaries, recreation centers, communication modules, storage of food grains/perishables, workshops, control towers, and general stores; ammunition and explosive containers; missile containers; DG set containers/acoustic shelters; gas turbine containers; kitchen containers; workshop and laboratory containers; radio relay containers; electrical/electronic control room containers; transportation containers; mobile hospital; tank container; warehouse container; and tailor made containers for various applications. Transafe ervices Limited was formerly known as Indian Container Leasing Company Limited. The company was incorporated in 1990 and is based in Kolkata, India. Transafe Services Limited operates as a subsidiary of Balmer Lawrie & Co. Ltd.

Anthea Aromatics

Series A in 2016
Anthea Aromatics, together with its subsidiaries, engages in the research, development, and supply of intermediates and specialty chemicals for the fragrance and flavor industry. The company offers a range of specialty aldehydes and other products. It handles chemistries, such as aldol condensation, acid catalyzed cyclization, a formation of nitriles from aldehydes, diels-alder reaction, friedel crafts reaction, selective hydrogenation, methylation, hydrochlorination/chloromethylation, epoxidation, and fractional crystallization. The company was incorporated in 1985 and is based in Mumbai, India.

Star Health and Allied Insurance

Venture Round in 2013
Star Health and Allied Insurance Co Ltd commenced its operations in 2006 with the business interests in Health Insurance, Overseas Mediclaim Policy and Personal Accident. With no other insurance category to focus and divide our attention, we use our resources to focus on service excellence, design products and use core competency of innovation to deliver the best to our customers. At Star Health Insurance, the company offers a wide range of health insurance products at affordable prices to make health insurance every human being’s right. And as a company, single-mindedly dedicated to health insurance.

Iven Medicare

Venture Round in 2008
Iven Medicare is a vehicle for investments and buyouts in the healthcare sector with a special focus on healthcare delivery systems.

India1 ATM

Venture Round in 2013
india1 ATM offers a host of services and facilities for customer using the ATM.

ZappFresh

Seed Round in 2018
ZappFresh is an online platform that delivers a variety of meat and seafood direct from farms and fisheries. The online brand mainly focuses on fresh meat and ready-to-cook or eat meat products. Its basic aim is to ensure that all the produce reaching the end consumer is fresh. Zappfresh is driven by mission is to keep raising the bar of the fresh meat experience for consumers in India.

Sahyadri Hospitals

Venture Round in 2008
Sahyadri Hospitals currently has 8 Hospitals with 900 beds. Currently we have more than 1000 clinicians along with 2300 supporting staff and 50 lacs lives touched. Sahyadri Hospital leads in Neurosciences, Haematology, Oncology & Oncosurgery, Cardiology & Cardiothoracic Surgery, Orthopaedics & Joint Replacements, Liver Transplant, General Surgery, IVF, Paediatrics, ENT , Ophthalmology, Nephrology, Urology and Tissue engineering services.

India1 ATM

Venture Round in 2019
india1 ATM offers a host of services and facilities for customer using the ATM.

PVR

Venture Round in 2003
PVR Ltd. is the largest film exhibition companies in India. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Saket, New Delhi. Currently with a Cinema circuit of 562 screens spread across 122 cinemas covering 48 cities across the country. PVR continues to provide superior quality ambience, technologically updated systems, and best service standards to ensure customer delight and unmatched cinema viewing experiences.

Games2Win

Series C in 2013
Games2win India Pvt. Ltd., a casual gaming company, develops and offers online and mobile games. It offers casual, original, fun, addictive, and snacky; and flash, iOS, Android, virtual world, and social games. Games2win India Pvt. Ltd. has a strategic partnership with LINE Corporation. The company was founded in 2005 and is based in Mumbai, India. Games2win India Pvt. Ltd. operates as a subsidiary of Contests2win.com India Pvt.Ltd.

Cello

Venture Round in 2022
The makers of India's favorite Cello pens, are a part of Rs.1000 crore Cello Group. Lauded as one of the world's best and India's largest manufacturer of plastic products and an undisputed market leader. Awarded the prestigious PLEXCONCIL AWARD for NO.1 outstanding performance, 18 TIMES in a row . Cello is a trusted house hold name internationally and well known for its dynamism and spirit of innovation. Cello ceaselessly endeavor’s to bring in the newest and the best of technology to set new benchmarks in quality and innovates constantly to blaze new trails in the market place.

Metropolis Healthcare

Venture Round in 2013
Metropolis was founded by Dr. Sushil Shah in 1981, who serves as Chairman of the company. Metropolis has amongst the largest service menus in India offering more than 4,500 varieties of tests. Processing 15 million tests a year, Metropolis caters to more than 10,000 laboratories, hospitals and nursing homes, as well as 200,000 doctors. Metropolis is accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) and the College of American Pathologists (CAP), the gold standard in laboratory accreditation. With 34 years of experience in delivering accurate reports, Metropolis has earned the reputation of being India's most respected and only multinational chain of diagnostic centers. In the last 10 years, Metropolis has expanded into new service lines like Clinical Trials, Hospital Lab Management, Home Health Services, Preventive Health Check-ups and Corporate & Wellness Solutions. In addition to the board of directors, Metropolis is also supported by reputed independent directors Mihir Doshi and Shailesh Haribhakti.

Planetcast

Merger/Acquisition in 2017
PLANETCAST is a key market player in providing technology-led managed services to the broadcasting industry in India & neighboring countries with rapidly growing footprint across Southeast Asia. PLANETCAST provides comprehensive, customized solutions across content management operations and distribution (including satellite broadcasting/ up-linking, digital streaming and cloud distribution).

Karvy Group

Venture Round in 2007
KARVY is one of India’s largest integrated financial services group. With humble beginnings as a shareholder servicing company, Karvy firmly entrenched itself in a host of financial and non financial business segments by effectively using technology to deliver quality, safe and secure transactions for all its customers – both individuals and corporate. Karvy today virtually covers the length and breadth of India with its over 900 offices offering financial services that range from simple equity investing to wealth management across various financial asset classes, loans to individuals, corporate, SMEs, Investment banking, Mutual Fund and Shareholder servicing. Another key and notable feature of Karvy’s financial services has been its ability to build and offer quality advice and research to all its customers across various asset classes. Karvy’s overseas presence includes Dubai, Bahrain and New York where it offers Indian financial products, Equity Research and transaction processing services. Karvy today touches lives of almost one-third of India's population.