IFSCA Official

Shri Mihir Upadhyay, General Manager , IFSCA and Shri Jasmeet Singh, Manager, IFSCA met leading venture capital firms in Bengaluru including 3one4 Capital, Fireside Ventures, Stellaris Venture Partners, Athera Venture Partners (formerly Inventus India) , Chiratae Ventures, Next Bharat Ventures and Peak XV Partners.   During these interactions, discussions focused on several key themes relevant to GIFT IFSC’s growing role as India’s international financial hub:   ▶️ Plans of leading VC firms to establish investment vehicles in GIFT IFSC.   ▶️ Exploring listing opportunities for portfolio companies, particularly mid-sized, global SaaS firms, on GIFT IFSC’s exchanges.   ▶️ The emerging secondaries market in India and potential avenues to structure such transactions through the IFSC.   ▶️ Collaborative initiatives to develop talent and build fund management capabilities within GIFT IFSC.   ▶️ Understanding structural and operational considerations in setting up funds and investment platforms in the IFSC.   ▶️ The growing recognition of GIFT IFSC among global LPs including endowments, pension funds, family offices, DFIs, and ultra HNIs as a preferred investment jurisdiction.   ▶️ Opportunities for redomiciling funds from offshore jurisdictions and understanding related challenges faced by fund managers.   ▶️ The increasing interest of foreign family offices to establish presence in GIFT IFSC.   ▶️ Significant potential for outbound investments through GIFT IFSC structures.   ▶️ Ease of doing business initiatives, regulatory facilitation, and upcoming policy developments by IFSCA to further enable fund operations.   ▶️ Identifying ways to enhance investor experience for both LPs and GPs, thereby strengthening India’s venture capital ecosystem through GIFT IFSC.   The officials also interacted Shri Mohandas Pai, Partner at 3one4 Capital, and held insightful discussions on how GIFT IFSC and IFSCA Official, as a unified regulator, can be a game changer in shaping India’s financial architecture supporting the vision of #ViksitBharat@2047 and positioning GIFT City as a leading global financial centre.   Such engagements continue to deepen IFSCA’s dialogue with India’s dynamic private capital ecosystem and enhance awareness of GIFT IFSC’s potential as a global gateway for fund management, innovation, and cross-border capital flows.   #GIFTIFSC #IFSCA #VentureCapital #InvestmentFunds

The IFSCA Official organised two conferences, first one with support of The Institute of Company Secretaries of India on 10.10.2025 and second one with support of Institute of Cost Accountants of India on 11.10.2025 for the members of professional communities. These jointly hosted insightful outreach programmes held in Chennai, spotlighting “Opportunities for Professional & Technology Service Providers and Listings & Funds Ecosystem at GIFT-IFSC.” Key Highlights from Esteemed Speakers: ➡️ Mr. Pradeep Ramakrishnan , Executive Director, IFSCA, shared a detailed overview of the emerging opportunities in listings and the funds ecosystem at GIFT-IFSC, highlighting India’s growing global financial footprint. ➡️ Mr. K. Mahipal Reddy, Executive Director, IFSCA, emphasized the strategic role of Professionals in driving governance, compliance, and sustainable growth within the IFSC framework. ➡️ Mr. Sathyaraj C.M. , General Manager, IFSCA, provided an in-depth perspective on avenues available for professional services firms and TechFins under the various IFSCA regulations, encouraging active participation of CSs and CMAs in India’s maiden international financial centre at GIFT City, Gujarat. The event also featured a dynamic panel discussion with industry leaders, Shri Uday Kumar P (Consulven IFSC Pvt. Ltd.), CS R. Bhuvana (Akshayam Corporate Advisors Pvt. Ltd.), Shri Ravi Raghmothan (CAMS Ltd.), and CS Vasumathy Vasudevan (Moderator) who shared valuable insights and real-world experiences on operating within the IFSC ecosystem, highlighting opportunities, challenges, and best practices. The sessions concluded with an engaging networking interaction, and Q & A.

A roundtable discussion on the opportunities for Germany-based financial institutions in the International Financial Services Centre (IFSC) was jointly organised by the International Financial Services Centres Authority (IFSCA) and the Consulate General of India, Frankfurt. The event brought together key stakeholders from Germany, including representatives from major banks, insurance intermediaries, and members of Factors Chain International. The IFSCA delegation was led by Shri Ashutosh Sharma , Chief General Manager, and comprised Shri Amit Kumar , Deputy General Manager, and Shri Samuel Wesly, Manager. The Consulate General of India, Frankfurt, was represented by Shri Bhupendra Singh Nikurpa, Consul (Commerce and Political), and Smt. Ressy Ann Mathew, Marketing Executive. Key Areas of Discussion: 🔵 Overview of the IFSC and the role of IFSCA 🔵Growth of the IFSC ecosystem in the past five years since the establishment of IFSCA 🔵Strategic advantages of setting up operations in the IFSC, including: Tax benefits, Time zone advantages & Access to India's vast hinterland economy. 🔵Opportunities for banks, including: Undertaking OTC derivatives in gold, Providing services to group entities without risk participation, Managing treasury operations & Benefits of the unified banking license framework 🔵Enablers for the payments ecosystem within the IFSC 🔵Trade finance opportunities, including participation on the International Trade Financing Services (ITFS) platform 🔵Incentives for establishing Global Capability Centres (GCCs) in the IFSC 🔵Support for credit insurance, including trade credit insurance solutions for financial institutions The discussions were followed by an interactive Q&A session, during which the IFSCA Official delegation addressed queries raised by participants. The roundtable concluded with a formal vote of thanks delivered by representatives of the Consulate General of India, Frankfurt. Neal Harm

The International Financial Services Centres Authority (IFSCA) delegation, led by Shri Ashutosh Sharma , Chief General Manager, along with Shri Amit Kumar , Deputy General Manager, and Shri Samuel Wesly, Manager, held a productive interaction with senior officials of Intesa Sanpaolo Bank at their Frankfurt office. Representing the bank were Mr. Stefano Gandolfi, Head of EU Branches & International Network Coordination; Mr. Alberto Zoppetti, Head of International Network Management; Mr. Francesco Manuele, General Manager of the ISP Frankfurt Branch; Ms. Giulia Porcelli, Director – International Network Development; and Mr. Amit Roy, Chief Representative, Mumbai Office. Key Points of Discussion: ▶️ Advantages for the bank to establish a branch in the IFSC, including withholding tax benefits and access to India’s hinterland economy ▶️ Opportunities for the bank to undertake project finance activities, including financing renewable energy projects ▶️ IFSCA’s proposed initiatives to establish an arbitration centre within the IFSC ▶️ Regulatory matters pertaining to unified banking license, outsourcing of activities from branch in IFSC and prudential norms applicable for a branch in IFSC. ▶️ Scope of activities for the IFSC branch, including External Commercial Borrowings (ECBs), trade finance, and providing services to group entities without risk participation IFSCA Official

Shri Kalyanaraman Rajaraman , Chairperson, IFSCA rings the ceremonial bell to mark the end of the IOSCO World Investors Week 2025 celebrations in GIFT IFSC during an event organised by NSE International Exchange (NSE IX) . Also, Dr. PRAVEEN TRIVEDI , Executive Director, IFSCA and Shri Arjun Prasad , General Manager, IFSCA participated in a session on the topic “Investor Education and Protection: Building Safe and Resilient Financial Markets”, stressing on the importance of investor awareness in GIFT IFSC. #IOSCOWIW2025 #IOSCOWorldInvestorWeek

IFSCA has today released Consumer Charter. The Charter aims to enhance transparency and trust in the financial market ecosystem in the IFSC by providing financial consumers information about their rights, responsibilities and Do’s & Don’ts. #ConsumerCharter #IOSCOWIW2025 #IOSCOWorldInvestorWeek

#IOSCOWIW2025 #IOSCOWorldInvestorWeek

Shri Pradeep Ramakrishnan, Executive Director, IFSCA and Shri Ankit Bhansali, Esq. Bhansali, General Manager, IFSCA spoke during the event “GIFT IFSC -Gateway to Global Markets” as part of the IOSCO World Investor Week 2025 organised by India International Exchange (IFSC) Ltd (India INX). During the event, various initiatives taken by IFSCA along with aspects related to AML, CFT and KYC compliances, including Video KYC, were highlighted. IFSCA Official SEBI #IOSCOWIW2025 #IOSCOWorldInvestorWeek

#IOSCOWIW2025 #IOSCOWorldInvestorWeek

Shri CA. PAWAN CHOWDHARY , DGM, IFSCA participated in an event on “Fund Raising Opportunities through GIFT IFSC” organised by India INX and Gujarat Chamber of Commerce and Industry(GCCI) as part of the IOSCO World Investor Week 2025 on October 07, 2025. During the event, various regulatory initiatives by IFSCA to attract international issuances and position GIFT IFSC as a global hub for raising capital were discussed. IFSCA Official SEBI #IOSCOWIW2025 #IOSCOWorldInvestorWeek