IDEA was launched in 1999 with the objective of managing funds in the Venture Capital and Private Equity area. IDEA's team has the necessary skill sets with over 34 man-years in the Indian financial industry to successfully operate and grow in this field. The Indian Venture Capital scenario has evolved a great deal since the initial forays in 1990. VC activity in India, which had been focussed on traditional industries, is now concentrating on the high growth IT sectors. India has seen a substantial increase in VC deal flow, as well as VC funding over the last couple of years.
At IDEA, we approach high risk “Venture Capital” investments with the philosophy of identifying promoters and ideas which can scale up significantly in a short period. We are looking at world class promoters and ideas that can survive worldwide competition.
IDEA currently advises the INDIA DIRECT FUND LP, 1996 and eTEC VENTURES LTD., 2000. In the future, we expect to concentrate in the areas of Funds Management and will launch a number of funds in the area of Venture Capital and Private Equity.