In collaboration with the Centre for Business Innovation (CBI) at the Indian School of Business (ISB), the Indian Venture and Alternate Capital Association (IVCA), India’s foremost industry body for alternative assets, has introduced a specialised training initiative tailored for PE/VC fund managers. The programme is specifically crafted to cater to the requirements of professionals who serve on the boards of early to growth-stage companies within private capital funds. It strives to strike an ideal equilibrium between theoretical knowledge, practical application, and real-world experience, according to an official release.
This is a two-day certification programme that will be conducted quarterly in Mumbai, Bangalore and Delhi. Each day will consist of eight hours of in-person classroom instruction, making for a total of 16 live classroom hours. Upon successful completion of the programme, participants will be awarded certificates to acknowledge their achievement. The certification programme, which features a total of 16 impactful classroom hours over two days, will be held in Hyderabad. Each participant will be honoured with a ‘Certificate of Participation,’ signifying their enhanced proficiency in corporate governance, as per the release.
Its primary goal is to empower participants with a deeper comprehension of the economic drivers influencing business performance and valuation. This, in turn, enhances their strategic thinking and critical analysis skills. Generously sponsored by IVCA members, including Accel, Ascent, Catamaran, Peak XV Ventures, Ski-Capital, T-Hub and TMF Group, the release mentioned.
“This partnership between IVCA and ISB is very promising. PE/VCs over the past decade have played a significant role in supporting and nurturing innovation in early-stage companies. Safeguarding against such risky investments is a challenge and it will be the key to determine the progress of the private capital market in India. The launch of this investment governance training programme is a significant step in achieving one of IVCA’s crucial objectives – to make India the fund management hub and demonstrate its impact on the world stage,” Karthik Reddy, co-founder, Blume Ventures, chairperson, IVCA, said.
The programme has been crafted to achieve an ideal harmony between theory, practical application and real-world exposure. Its primary objective is to empower participants with a comprehensive grasp of the economic factors influencing business performance and valuation. This is accomplished by elevating their capabilities in strategic thinking and critical analysis, it added.
“We at the Centre for Business Innovation at ISB are delighted to work with IVCA on investor education programmes and advocacy research benchmarking global best practices to help develop a robust venture capital investment market to support business innovation and value migration in India,” Rajendra Srivastava, novartis professor, Marketing and Innovation, Indian School of Business, said.