Rk.educationalnotes

Several venture capital funds or companies have been set up in India in recent years. Some of them have been established by financial institutions while others are in the private sector. We shall discuss below the details of the leading venture capital fund in India. 1. IFCI venture capital fund limited (IFCI) : IFCI venture capital funds limited is the new name of the company risk capital and technology finance corporation limited (RCPC). It is a subsidiary of the IFCI limited while holds 76.43% of its total paid up equity.                  In 1975 the industrial financial corporation of India has established risk capital foundation (RCF) as a society with objective to provide risk capital assistance in the form of soft loans to professionals and techo crats (setting up their own industrial ventures. In 1988 RCF was converted into a company risk capital and technology finance corporation limited. It's emphasis shifted from providing soft loans to promoters to direct equity partici

Important Regulatory Bodies in India #1. RBI – Reserve Bank of India Sector: Banking & Finance, Monetary Policy Head: Governor – Urjit Patel Headquarters: Mumbai #2. SEBI – Securities and Exchange Board of India Sector: Securities (Stock) & Capital Market Head: Chairman – Ajay Tyagi Headquarters: Mumbai #3. IRDAI – Insurance Regulatory and Development Authority Sector: Insurance Head: Chairman – Subhash Chandra Khuntia Headquarters: Hyderabad #4. PFRDA – Pension Fund Regulatory & Development Authority Sector: Pension Head: Chairman – Hemant G Contractor Headquarters: New Delhi #5. NABARD – National Bank for Agriculture and Rural Development Sector: Financing Rural Development Head: Chairman – Harsh Kumar Bhanwala Headquarters: Mumbai #6. SIDBI – Small Industries Development Bank of India Sector: Financing Micro, Small and Medium-Scale Enterprises Head: Chairman – Mohammad Mustafa Headquarters: Lucknow #7. NHB – National Housing Bank Sector: Financing Housing Head: MD &