Indian Venture and Alternate Capital Association (IVCA)

𝗜𝗩𝗖𝗔 𝗖𝗶𝗿𝗰𝗹𝗲𝘀 – 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 | 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 Momentum is building across India’s deeptech sector as entrepreneurs, investors, and supportive policies converge to power a new wave of innovation. Suryaprakash Konanuru, CTO, Ideaspring Capital, observes that this alignment of talent, capital, and market demand is creating strong opportunities for deeptech startups to scale. The upcoming Indian Venture and Alternate Capital Association (IVCA) Circles – Bangalore Edition will spotlight the conversations driving this growth, exploring how investors and innovators are working together to build India’s next generation of technology enterprises. 📅 12 November 2025 📍 Bangalore For more information, contact [email protected] | [email protected] Sunitha Prasad Amit Pandey Nikita Shukla Yachna Luthra Dev Agarwal Ankit Panigrahi Niharika Bisht #IVCACircles #DeepTech #VentureCapital #InnovationEcosystem #IVCA2025

Strengthening governance and transparency in India’s early-stage investment ecosystem, Securities and Exchange Board of India (SEBI) has extended the compliance timeline for Angel Funds to implement a defined investment allocation methodology in their Private Placement Memoranda (PPMs). Sanchit Kapoor, Partner, IC RegFin Legal Partners LLP shares an analysis of the key provisions of SEBI’s circular: SEBI, vide its circular dated 10 September 2025, had mandated that existing Angel Funds disclose a defined methodology for the allocation of investments in their PPMs, with effect from 15 October 2025. This timeline has now been extended to 31 January 2026, pursuant to SEBI’s circular dated 15 October 2025. Accordingly, any investment made by existing Angel Funds post 31 January 2026, will need to follow the allocation methodology disclosed in their PPMs. Further, SEBI has clarified that all other provisions of the 10 September 2025 circular remain in effect. 𝗧𝗵𝗲𝘀𝗲 𝗽𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: (a) Offering investment opportunities to all investors. (b) Ensuring that offers are not made to more than 200 non-accredited investors. (c) Investors’ rights in investments and distributions being pro-rata to their contribution, with carried interest allocated solely to the investment manager, sponsor, or employees/directors/partners of the investment manager/AIF. (d) Adherence to revised continuing interest requirements, among others. The extended timeline allows Angel Funds to implement the revised framework in a structured manner, supporting operational readiness and investor confidence across the ecosystem. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗦𝗘𝗕𝗜 𝗰𝗶𝗿𝗰𝘂𝗹𝗮𝗿 𝗵𝗲𝗿𝗲: https://lnkd.in/gkNTX6mV Rajat Tandon Amit Pandey Rahul Shah Rohan P. Soniya Tolani Paromita Sinha Niharika Bisht Tejesh Chitlangi #IVCA #SEBI #AngelFunds #AIF #EarlyStageCapital #RegulatoryUpdate

𝗦𝗘𝗕𝗜 𝗘𝘅𝘁𝗲𝗻𝗱𝘀 𝗔𝗻𝗴𝗲𝗹 𝗙𝘂𝗻𝗱 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝘁𝗼 𝟯𝟭 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟲 The Securities and Exchange Board of India (SEBI) has extended the timeline for angel funds to disclose their defined investment allocation methodologies in Private Placement Memoranda (PPMs), moving it from 15 October 2025 to 31 January 2026. This extension follows representations from the alternative investment fund (AIF) industry and reflects SEBI’s responsiveness to stakeholder feedback, allowing funds additional time to align with the updated regulatory requirements. Such regulatory clarity and engagement are key to ensuring smooth implementation and supporting India’s early-stage capital ecosystem. Indian Venture and Alternate Capital Association (IVCA) welcomes SEBI’s consultative approach and remains committed to ongoing dialogue with the regulator and the industry to strengthen the foundation of responsible and efficient investing in India. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗦𝗘𝗕𝗜 𝗰𝗶𝗿𝗰𝘂𝗹𝗮𝗿 𝗵𝗲𝗿𝗲:  https://lnkd.in/gkNTX6mV Rajat Tandon Amit Pandey Rahul Shah Rohan P. Soniya Tolani Paromita Sinha Niharika Bisht #IVCA #AIF #AngelFunds #SEBI #EarlyStageCapital

𝗔𝗰𝗰𝗿𝗲𝗱𝗶𝘁𝗲𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸: 𝗔 𝗽𝗶𝘃𝗼𝘁𝗮𝗹 𝘀𝗵𝗶𝗳𝘁 𝗳𝗼𝗿 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗲𝗮𝗿𝗹𝘆-𝘀𝘁𝗮𝗴𝗲 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 The Securities and Exchange Board of India (SEBI)’s recent mandate — requiring angel funds to onboard only accredited investors — marks a significant regulatory milestone aimed at strengthening investor protection and ensuring that those participating in high-risk early-stage investments have the necessary risk appetite and financial maturity. In a recent feature by 𝘝𝘊𝘊𝘪𝘳𝘤𝘭𝘦, Indian Venture and Alternate Capital Association (IVCA) shared its perspective on the evolving landscape and the road ahead for angel funds navigating this transition. While the new framework addresses long-standing concerns around eligibility, KYC, and regulatory oversight, it also highlights key areas that require continued focus — including simplifying the accreditation process, expanding the number of accreditation agencies, and incentivising accredited investor–only products to encourage wider participation. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/gBk83Een Rajat Tandon Rahul Shah Rohan P. Paromita Sinha #IVCA #VentureCapital #AngelFunds #AccreditedInvestors #AIF #StartupEcosystem #Regulation #IndiaStartups

India’s deep-tech ecosystem is entering a pivotal growth phase — and venture capital is playing a central role in powering that transformation. CFA Institute recently published an insightful article exploring the rise of deep-tech startups in India, highlighting how the investment landscape in India is evolving across frontier sectors such as semiconductors, space, robotics, life sciences, and climate technology. The piece also features perspectives from Indian Venture and Alternate Capital Association (IVCA), underscoring the industry’s role in building an enabling ecosystem for science-led innovation. Key takeaways from the article: ·   Domestic capital is becoming a stronger force in supporting deep-tech ventures at the earliest stages. ·   Policy support and programmes like the RDI scheme are helping bridge the gap between lab research and market-ready products. ·   The next phase of growth will rely on investors who can underwrite technical risk and support commercialisation at scale. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/gQ6jhtqs Rajat Tandon Vikram Gupta Paromita Sinha #DeepTech #VentureCapital #Innovation #StartupEcosystem #IVCA #IndiaGrowthStory

𝗜𝗩𝗖𝗔 𝗖𝗶𝗿𝗰𝗹𝗲𝘀 – 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 | 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 India’s deeptech ecosystem is gathering pace, fuelled by growing policy support and collaborative initiatives. Cdr Navneet Kaushik, Founder, Jamwant Ventures, underscores how collective efforts can empower founders and advance the vision of Atmanirbhar Bharat through stronger ecosystem connections. The upcoming Indian Venture and Alternate Capital Association (IVCA) Circles – Bangalore Edition will build on this dialogue, spotlighting insights that are shaping the future of India’s deeptech investment landscape. 📅 12 November 2025 📍 Bangalore For more information, contact [email protected] | [email protected] Sunitha Prasad Amit Pandey Nikita Shukla Yachna Luthra Dev Agarwal Ankit Panigrahi Niharika Bisht #IVCACircles #DeepTech #VentureCapital #InnovationEcosystem #IVCA2025

𝗖𝗵𝗶𝗺𝗲𝗿𝗮 𝗩𝗖: 𝗧𝗵𝗲 𝗻𝗲𝘄𝗲𝘀𝘁 𝗺𝗲𝗺𝗯𝗲𝗿 𝗼𝗳 𝘁𝗵𝗲 𝗜𝗻𝗱𝗶𝗮𝗻 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 𝗮𝗻𝗱 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 (𝗜𝗩𝗖𝗔) ChimeraVC is an early-stage venture capital firm dedicated to supporting the growth of India’s gaming ecosystem. The firm backs founders at the earliest stages, providing capital and operational support to help innovative gaming startups realise their potential. Chimera VC invests across game studios, growth tools, technology infrastructure, and AI solutions, aiming to strengthen the core foundations of India’s gaming industry and enable the next wave of creative and scalable ventures. For more information, please visit their website: https://chimeravc.com/ Indian Venture and Alternate Capital Association (IVCA), representing the alternate asset industry, is pleased to welcome Chimera VC on board. Their expertise and dedication are invaluable assets to our association and the broader investment community. We look forward to a fruitful collaboration and the shared pursuit of fostering a dynamic investment landscape. Yashmit Kedia 🔜 Gamescom Asia Krish Anurag 🔜 Gamescom Asia #VentureCapital #GamingStartups #Innovation #EarlyStageInvesting #GameTech

𝗜𝗩𝗖𝗔 𝗖𝗶𝗿𝗰𝗹𝗲𝘀 – 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 | 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 India’s deeptech ecosystem is entering an exciting phase, with new investment initiatives helping innovators move from the lab to the market. Ritu Verma, Co-Founder and Managing Partner, Ankur Capital, shares her perspective on how patient, connected capital can nurture enterprises from inception to global scale. The upcoming Indian Venture and Alternate Capital Association (IVCA) Circles – Bangalore Edition will continue this dialogue, spotlighting insights that are shaping the future of India’s deeptech investment landscape. 📅 12 November 2025 📍 Bangalore For more information, contact [email protected] | [email protected] Sunitha Prasad Amit Pandey Nikita Shukla Yachna Luthra Dev Agarwal Ankit Panigrahi Niharika Bisht #IVCACircles #DeepTech #VentureCapital #InnovationEcosystem #IVCA2025

𝗧𝗵𝗲 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗕𝗼𝗮𝗿𝗱 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮 (𝗦𝗘𝗕𝗜) 𝗵𝗮𝘀 𝗻𝗲𝘄 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗳𝘂𝗻𝗱 (𝗔𝗜𝗙) 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲. Securities and Exchange Board of India (SEBI) has reconstituted its Alternative Investment Policy Advisory Committee (AIPAC), which advises the regulator on matters related to the Alternative Investment Fund (AIF) ecosystem. Dr Janmejaya Sinha, Chairperson, Boston Consulting Group (BCG), takes over as the new Chairman of AIPAC. The reconstituted committee includes Rajiv Raghunandan, Partner, Arali Ventures, vineet rai, Founder and Chairman, Aavishkaar Group, Jiju Vidyadharan. Senior Director, Crisil Intelligence, Shweta Rajpal Kohli, President and CEO, Startup Policy Forum, Rajan Anandan, Managing Director, Peak XV Partners, Dinesh Pant, Managing Director, Life Insurance Corporation of India and several continuing members from across India’s investment community. Indian Venture and Alternate Capital Association (IVCA) congratulates the new leadership and looks forward to their continued contributions in strengthening India’s alternative investment landscape. We also extend our gratitude to the outgoing members for their valuable guidance during their tenure.  • N. R. Narayana Murthy, Co-Founder, Infosys  • Gopal Srinivasan, Chairman and Managing Director, TVS Capital Funds  • Gopal Jain, Managing Director and CEO, Gaja Capital • Harsh Roongta, Founder, Fee Only Investment Advisers LLP (SEBI Regn No: INA00014836)  • Amit Tandon, Founder and Managing Director, Institutional Investor Advisory Services (IiAS)  • Arun Natarajan, Founder and Managing Director, Venture Intelligence  • Deepa Rath, Managing Director and CEO, Axis Trustee Services Limited Services Ltd  • Mahavir Lunawat, Founder, Pantomath Financial Services Group  • Sanjiv Chadha, Former Managing Director and CEO, Bank of Baroda Read more here:- https://lnkd.in/gcvu3PkC Rajat Tandon Rohan P. #AlternativeInvestments #StartupEcosystem #SEBI #AIF #InvestmentGrowth

𝗜𝗩𝗖𝗔 𝗪𝗲𝗯𝗶𝗻𝗮𝗿 | 𝗗𝗲𝗰𝗼𝗱𝗶𝗻𝗴 𝗦𝗘𝗕𝗜’𝘀 𝗔𝗰𝗰𝗿𝗲𝗱𝗶𝘁𝗲𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 In light of Securities and Exchange Board of India (SEBI)’s circular on the Accredited Investor Framework, Indian Venture and Alternate Capital Association (IVCA) is hosting a focused session to clarify key questions from the investor community and provide insights on the process and its implications. 𝗞𝗲𝘆 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻 𝗮𝗿𝗲𝗮𝘀:  • Eligibility criteria & key benefits for Accredited Investors  • Accreditation process with CDSL  • Legal & regulatory considerations with Trilegal 𝗘𝘅𝗽𝗲𝗿𝘁𝘀:  • MILIND SARAF, Senior Manager, New Projects, CDSL Ventures Ltd  • Pallabi Ghosal, Partner, Corporate Practice, Trilegal. Date: 17th October 2025 Time: 4:00 PM – 5:00 PM 𝗭𝗼𝗼𝗺 𝗟𝗶𝗻𝗸: https://lnkd.in/gZhC67NW Rajat Tandon Rahul Shah Rohan P. Niharika Bisht Frreya Jain #SEBI #AccreditedInvestor #IVCA #AlternativeInvestments #PrivateCapital