The VC council will be co-chaired by Trifecta Capital cofounder and managing director, Rahul Khanna, and will aim to drive engagement with the government by advocating for policies that encourage innovation that contributes to capital creation, nation building and knowledge dissemination.
The new council will function as a permanent sub-committee under the aegis of IVCA Executive Committee. At present, IVCA houses several thematic councils and sub-committees covering matters across regulatory affairs, credit and special situations, real estate, limited partners, global investors, to cover the increasing interests of its members.
The VC council is one of these sub-committees that IVCA houses.
The other members of the VC council include WaterBridge Ventures’ Manish Khetarpal, Bharat Innovation Fund’s Priyanka Chopra, A91 Partners’ Ruchi Khajanchi, Prosus Ventures’ Sehraj Singh, Nexus Venture Partners’ Sameer Brij Verma and Unicorn India Ventures’ Anil Joshi.
“Our mandate as the VC council is to ensure that we continue to build on these strong foundations while addressing a range of areas such as attracting more domestic capital, improving governance, and encouraging new funds in emerging sectors. As we do this, we look forward to collaborating with all venture capital firms in the industry and our progressive policy makers in the government to take our ecosystem to new heights,” Anandan said.
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The council will also look to engage with more than 120 VC member funds of IVCA and with other domestic and global funds to work on important industry initiatives and issues, it said in a statement on Wednesday.
