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VENTURE CAPITAL

VENTURE CAPITAL????????
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Venture capital is financial capital provided to early- stage, high potential, high risk, growth start up companies.

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It is the capital available for financing the new business ventures by means of making investment of long term equity finance where venture capitalist earns return from capital gain.

TYPES OF VENTURE CAPITAL
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Independent venture capital fund

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Captive venture capital fund

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Government funds

VENTURE CAPITAL INVESTMENT PROCESS
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Deal origination Screening

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Evaluation or due diligence
Deal structuring Post-investment activities and exit

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STAGES IN VENTURE CAPITAL FINANCING

Financial stages Period taken Risk involved

Seed money

Start up

1st stage

7-10 years

5-9 years

3-7 years

extreme

very high Initializing operations

High Start commercial production and marketing

Activity to R&D for be financed product development

Financial stages Period taken

2nd stage

3rd stage

4th stage

3-5 years

1-3 years medium

1-3 years low

Risk involved Sufficiently high

Activity to be financed

Expand market and growing working capital need

Market expansion, acquisition &product development forprofit making company

Facilitating public issue

METHODS OF VENTURE FINANCING

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Equity Conditional Loan Income Note

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Other Financing Methods

ADVANTAGES OF VENTURE CAPITAL
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It provides a strong capital base for future growth by injecting long term equity finance The venture capitalist is a business partner, sharing both the risks and rewards. Venture capitalists are rewarded by business success and the capital gain Provides practical advice and assistance to the company based on past experience with other companies.

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VENTURE CAPITAL FUNDING IN INDIA
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Those

promoted

by

the

Central

Government

controlled

development finance institutions. For example : ICICI Venture
Funds Ltd.

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Those promoted by State Government controlled development
finance institutions. For example: Punjab InfoTech Venture Fund

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Those promoted by public banks. For example: SBI Capital Market
Ltd.

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Those promoted by private sector companies. For example: Infinity Venture India Fund established as an overseas venture capital fund. For example: HSBC Private Equity management Mauritius

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