IFCI Venture Capital Funds Ltd
IFCI Venture Capital Funds Ltd (IVCFL) is a leading venture capital subsidiary of IFCI Ltd, India’s first Development Financial Institution. Established in 1975 as the Risk Capital Foundation, IVCFL has been a pioneer in providing start-up capital and venture funding to entrepreneurs, particularly in Greenfield projects. Over the years, we have supported more than 480 entrepreneurs, helping them transform innovative ideas into successful businesses.

Our Mission
To foster entrepreneurship and innovation by providing risk capital, mentorship, and strategic support to start-ups and MSMEs, with a focus on inclusive growth and economic development.
Key Highlight
- Government-Backed: IVCFL is a Government of India undertaking, operating under the administrative framework of the Ministry of Corporate Affairs.
- Authorized Capital: ₹150 crore | Paid-Up Capital: ₹60.37 crore.
- Registered Office: New Delhi, India.
Services
- Venture Capital Funding
Providing early-stage funding to start-ups and MSMEs in sectors like technology, infrastructure, and innovation. - Fund Management
Acting as the Investment Manager for government-backed funds, including the Venture Capital Fund for Scheduled Castes (VCF-SC), with a total corpus of ₹726.51 crore. - Mentorship and Support
Offering strategic guidance, mentorship, and networking opportunities to entrepreneurs.
Flagship Initiatives
Venture Capital Fund for Scheduled Castes (VCF-SC)
- A SEBI-registered AIF Category II fund aimed at empowering entrepreneurs from marginalized communities.
- Implemented in collaboration with the Department of Social Justice and Empowerment.
Impact and Reach
- 480+ Entrepreneurs Supported: IVCFL has played a pivotal role in fostering entrepreneurship across India.
- Inclusive Growth: Our initiatives align with the government’s vision of promoting economic development and social empowerment.
CSR Initiatives
IVCFL is committed to giving back to society through various Corporate Social Responsibility (CSR) programs, including partnerships with organizations like:
- Akshayapatra Foundation
- Udyan Care
Why Choose IVCFL
Government-Backed Credibility
A trusted name in venture capital with a legacy of over four decades.
Holistic Support
From funding to mentorship, we provide end-to-end support to entrepreneurs.
Focus on Inclusion
Dedicated to empowering marginalized communities through targeted initiatives.