July 23, 2014 8:41 PM ET

Capital Markets

Company Overview of ICICI Venture

Company Overview

ICICI Venture is a private equity, venture capital, and real estate investment arm of ICICI Bank Ltd. It specializes in private equity, venture capital, infrastructure, special situations, and mezzanine investments. In private equity, the firm invests in buyouts and growth capital transactions. The firm prefers to invest in special situations; distressed situations; and small and medium enterprises. The firm provides late stage, incubation, seed/startup, early venture, mid venture, late venture, and emerging growth investments. It may also invest in PIPEs and secondary transactions. The firm provides mezzanine financing for buyout opportunities by financial sponsors as well as leveraged acqu...

ICICI Venture House Ground Floor

Appasaheb Marathe Marg Prabhadevi

Mumbai,  400025

India

Founded in 1989

Phone:

91 22 6655 5050

Fax:

91 22 6655 5055

Key Executives for ICICI Venture

Chief Executive Officer
Age: 45
Co-President
Age: 51
Director of Investments and Co-Head of Real Estate
Age: 40
Compensation as of Fiscal Year 2014.

ICICI Venture Key Developments

BigBasket Reportedly Seeks Funding

Supermarket Grocery Supplies Pvt. Ltd. is in reportedly in talks with ICICI Venture, Zodius Advisors India Private Limited and others to raise about $33 million in funding.

Investors Reportedly Eye J. K. Helene Curtis

J. K. Helene Curtis Ltd., a Raymond Limited (BSE:500330) company is looking at selling up to 20% stake to PE investors. Half a dozen PE funds such as ICICI Venture; IDFC Limited (BSE:532659); Partners Group Holding AG (SWX:PGHN); L Capital Partners; CX Partners; and Everstone Capital Management have given term sheets and due diligence of the company is over, three people with direct knowledge of the development said. The company is looking at raising INR 1.5 billion and is being valued at INR 7.5 billion. Investment bank Lincoln International has been appointed to scout for investors. "The company has got term sheets from around a dozen private equity funds," an investment banker with knowledge of the development said, adding that the company has shortlisted just three PE funds for the second round. ICICI Ventures, Partners Group and Everstone Capital has been shortlisted, another person aware of the ongoing discussions said. "The company is looking at raising around INR 1.5 billion to expand its manufacturing and open more standalone stores," a private equity executive part of the ongoing discussions said. "We decline to comment," said the spokesperson for JK Helene Curtis.

ICICI Venture And Apollo To Reportedly Acquire Distressed Assets In India

ICICI Venture and Apollo Global Management, LLC will this month complete raising a $750 million fund to invest in distressed assets in India, two sources with direct knowledge of the matter said. ICICI and Apollo have raised $675 million so far from investors including large sovereign and pension funds for the special situation fund to invest in companies that face distress, restructuring or are spinning off assets. The ICICI-Apollo fund will also look at buying into bad loans, the sources said.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 27, 2014
Krishna Institute of Medical Sciences Limited
Merger/Acquisition
January 24, 2014
Sabero Organics Gujarat Limited
Merger/Acquisition
December 19, 2013
Medica Synergie Pvt Ltd.
 

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