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IVCA appoints Sequoia Capital’s Rajan Anandan as new chair of its VC Council


The Indian Enterprise & Alternate Capital Affiliation (IVCA), the apex physique for the non-public fairness and enterprise capital trade, stated on Wednesday that it has shaped a brand new eight-member enterprise capital (VC) council for the yr 2022-2024 and that it had appointed Rajan Anandan, the managing director of Sequoia India and Southeast Asia, as its chair.

The VC council shall be co-chaired by Trifecta Capital cofounder and managing director, Rahul Khanna, and can intention to drive engagement with the federal government by advocating for insurance policies that encourage innovation that contributes to capital creation, nation constructing and data dissemination.

The brand new council will operate as a everlasting sub-committee underneath the aegis of IVCA Executive Committee. At current, IVCA homes a number of thematic councils and sub-committees overlaying issues throughout regulatory affairs, credit score and particular conditions, actual property, restricted companions, international buyers, to cowl the rising pursuits of its members.

The VC council is one in every of these sub-committees that IVCA homes.

The opposite members of the VC council embody WaterBridge Ventures’ Manish Khetarpal, Bharat Innovation Fund’s Priyanka Chopra, A91 Companions’ Ruchi Khajanchi, Prosus Ventures’ Sehraj Singh, Nexus Enterprise Companions’ Sameer Brij Verma and Unicorn India Ventures’ Anil Joshi.

“Our mandate because the VC council is to make sure that we proceed to construct on these sturdy foundations whereas addressing a variety of areas comparable to attracting extra home capital, bettering governance, and inspiring new funds in rising sectors. As we do that, we sit up for collaborating with all enterprise capital corporations within the trade and our progressive coverage makers within the authorities to take our ecosystem to new heights,” Anandan stated.

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The council may even look to interact with greater than 120 VC member funds of IVCA and with different home and international funds to work on vital trade initiatives and points, it stated in a press release on Wednesday.

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