Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 05, 2015 7:46 AM ET

Capital Markets

Company Overview of IDG Ventures India

Company Overview

IDG Ventures India is a venture capital firm specializing in startup, early stage and growth stage and expansion stage companies. The firm typically invests in technology companies in following sectors: digital consumer; enterprise software; engineering; engineering design and manufacturing; outsourced services; electronics and hi-tech manufacturing; semiconductors; telecom infrastructure; retail financial services; and other emerging technology-enabled sectors. Within digital consumer sector, the firm focuses on internet, mobile, media, digital media, and technology enabled consumer services. Within enterprise software sector, the firm focuses on SaaS, software products and enterprise servi...

7B, 7th Floor

Sobha Pearl

1, Commissariat Road

Bangalore,  560 025

India

Founded in 2006

Phone:

91 80 4043 4836

Fax:

91 80 4132 9226

Key Executives for IDG Ventures India

Co-Founder, Managing Director, Partner, and Chairman
Age: 56
Founder, Managing Director, and Partner
Co-Founder, Chief Financial Officer, Managing Director, Managing Partner, Executive Director, and Partner
Executive Director
Age: 38
Executive Director and Head of Digital Consumer
Age: 34
Compensation as of Fiscal Year 2014.

IDG Ventures India Key Developments

Helion, IDG Reportedly Sell Stake In Flipkart

Helion Venture Partners, LLC and IDG Ventures India sold stake in Flipkart Online Services Pvt. Ltd., according to sources. Helion sold its entire stake of 0.2%, estimated to be INR 1.6 billion, while IDG Ventures sold 1% by selling stake worth INR 9.4 billion in February. IDG still holds about 0.9% stake in Flipkart. Helion declined to comment while IDG Ventures and Flipkart did not respond to email queries from Economic Times.

IDG Ventures Mulls IPO For Yatra.com, Newgen Software Technologies and Centre for Sight

IDG Ventures India is seeking IPO for Yatra Online Private Limited, Newgen Software Technologies Limited and Centre For Sight Pvt. Ltd. “Venture capital (VC)-funded firms, including Yatra.com [1], Newgen Software Technologies Ltd and Centre for Sight, are considering initial public offerings (IPOs) and have started the groundwork for possible listings in 2015-2016,” according to multiple investment bankers who have met the firms. “Yatra Online Pvt. Ltd, which runs the online travel firm Yatra.com [1], is among those considering a share sale and has initiated meetings with investment bankers,” said two investment bankers who have met the firm. Yatra did not respond to multiple emails sent to the company. “Delhi-based software services company Newgen Software is also looking to raise INR 4.5 billion to INR 5 billion crore from an IPO,” said one of the two investment bankers quoted above. A third banker confirmed the development. An email sent to NewGen Software went unanswered. "In the IDG Ventures portfolio we have a number of companies that can launch an IPO in the next two years. Two prominent ones include Newgen and Yatra. Newgen is slated to bring an IPO on the Indian stock market and Yatra on Nasdaq. Both have achieved rapid growth, leadership positions and scale and a highly differentiated offering in the market," said Sudhir Sethi, founder and chairman of IDG Ventures India. Sethi declined to offer details of the IPOs. The IPO is being considered as a way to fund expansion plans and also provide a part exit to existing investor Matrix Partners India. Mahipal Sachdev, Founder and Chairman of Centre for Sight, said, "While we appreciate your interest in Centre for Sight, I would wish to submit that the questions are premature and not an accurate reflection of facts. We shall keep you posted as and when we have finalised our course of action." "There is nothing finalised yet so this is premature," said Avnish Bajaj, Managing Director at Matrix Partners, in an emailed.

IDG Ventures India Presents at AVCJ Private Equity & Venture Forum - India 2014, Dec-02-2014 04:30 PM

IDG Ventures India Presents at AVCJ Private Equity & Venture Forum - India 2014, Dec-02-2014 04:30 PM. Venue: Taj Lands End, Band Stand, Bandra (West), Mumbai 400 050, Maharashtra, India. Speakers: Manik Arora, Founder, Managing Director, and Partner.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 19, 2015
Tripoto Travel Pvt Ltd
Private Placement
March 16, 2015
NestAway Technologies Private Limited
Private Placement
February 27, 2015
Momoe Technologies Private Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IDG Ventures India, please visit www.idgvcindia.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.