Dynamic India Fund VII

South Asia Health, Manufacturing, Other consumer services, Communications and IT Services, Financial services, Construction and real estate, Business services, Others

ICICI Venture is an alternative assets manager based in India, and a subsidiary of ICICI Bank, one of the country’s largest financial services groups.

This is a Generalist private equity fund investing in India

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
India
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Business services, Communications and IT Services, Construction and real estate, Financial services, Health, Manufacturing, Other consumer services, Others
Website:
http://www.iciciventure.com
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
ICICI Venture
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2006
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$75m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Tops Security Ltd

Tops Security is a security services provider, predominantly providing guarding services. It also specialises in emergency response, electronic security systems and other ancillary services.

View investment details

India South Asia Business services August 2007 Active
Iven Medicare India Private Limited

I-Ven Medicare is a vehicle for investments and buyouts in the healthcare sector with a special focus on healthcare delivery systems.

View investment details

India South Asia Health December 2007 Active
Sahyadri Hospitals Ltd

Sahyadri Hospitals Limited operates a portfolio of 13 hospitals with ~1000 beds across 6 cities in the western states of Maharashtra and Gujarat.

View investment details

India South Asia Health February 2012 Active
PVR Limited

PVR is the largest multiplex chain in India, with 360 screens across the country and 22% of box office collections of leading Hindi movies.

View investment details

India South Asia Other consumer services March 2013 Active
Vikram Hospitals (Bengaluru) Private Limited

Vikram Hospital has 225 beds and offers specialised services including Cardiac Sciences, Neuro Sciences, Bariatric and Metabolic Surgery and Nephrology and Urology. The company has more than 700 allied health staff and more than 70 specialised doctors.

View investment details

India South Asia Health June 2013 Active