ICICI Venture

ICICI Venture is an alternative assets manager based in India and operates as a wholly owned subsidiary of ICICI Bank. Established in 1988, the firm specializes in private equity, venture capital, and real estate investments. It focuses on various sectors, including manufacturing, IT, healthcare, and infrastructure, and primarily invests in small and medium enterprises, distressed situations, and growth capital opportunities. In the real estate domain, ICICI Venture manages funds that invest in residential, commercial, and mixed-use projects, particularly in Tier 1 cities such as Mumbai, Bangalore, and Chennai. The firm typically engages in transactions ranging from $2 million to $100 million and prefers to secure a board seat in its portfolio companies. ICICI Venture aims to exit its investments within three to five years through various routes, including sales to strategic investors or public offerings. Over its operational history, the firm has invested in more than 500 companies, demonstrating a strong commitment to fostering entrepreneurship and value creation in India.