ICICI Venture
Overview
ICICI Venture is one of India's oldest and largest alternative asset managers, established in 1988. It is a wholly-owned subsidiary of ICICI Bank. The firm operates across various asset classes including Private Equity, Real Estate, Infrastructure, and Special Situations. Initially a venture capital provider, the firm transitioned in 2002 to focus on late-stage and mid-market private equity investments, providing growth capital to companies in a wide range of sectors across India. In May 2025, its parent company announced the approval to transfer ICICI Venture's private equity and real estate fund management businesses to ICICI Prudential Asset Management to consolidate offerings. Following this, ICICI Venture is expected to manage residual funds and provide advisory services.
Portfolio Companies
15
Website
iciciventure.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Intas Pharmaceuticals | Jan 2006 | Secondary | Co-investor |
| Krishna Institute of Medical Sciences Limited | Jun 2014 | Private Equity | Lead |
| Zopper | Nov 2024 | Series D | Co-investor |
| Indifi Technologies | Jun 2023 | Series E | Lead |
| Avesthagen Limited | Jul 2001 | Series A | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is ICICI Venture based?
ICICI Venture is headquartered in Mumbai, Maharashtra, India.
When was ICICI Venture founded?
Founding year information for ICICI Venture is not publicly available.
How many portfolio companies does ICICI Venture have?
ICICI Venture has 15 portfolio companies in Caplight's dataset.
What are some companies in ICICI Venture's portfolio?
Portfolio companies visible on Caplight include Intas Pharmaceuticals, Krishna Institute of Medical Sciences Limited, Zopper, Indifi Technologies, Avesthagen Limited.
What was ICICI Venture's most recent investment shown here?
ICICI Venture's most recent investment in this portfolio sample was in Zopper in 2024.
What sectors does ICICI Venture focus on?
ICICI Venture focuses on Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, FinTech, Consumer & Commerce, Consumer & Commerce, FinTech, Healthcare & Life Sciences, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, FinTech, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Consumer & Commerce, FinTech, Enterprise Software, Healthcare & Life Sciences.
What company stages does ICICI Venture focus on?
ICICI Venture typically invests at the MultiStage stage.
What is ICICI Venture's AUM?
ICICI Venture's assets under management are estimated between $5.0B and $6.5B.