Our Team

IFCI Venture Capital Funds Ltd. people are a true reflection of what the company is today-- the competitive advantage it enjoys in industry. Most of the original core team members are still with the company, they are from a wide range of educational and geographic backgrounds. The different points of view they bring lead to superior business solutions for our clients and us. Their individual experiences promote creativity and innovation and contribute to our success. We offer an open and fair work culture that enables people from diverse cultural, educational and professional backgrounds to work together. IFCI Venture Capital's people are some of the most creative, forward-thinking people in the business world.

Knowing that every step we take to make our people better pays off millions of times a day, we've built a company based on growing the value of our people. Every employee of IFCI Venture Capital understands the importance of delivering quality service and possesses the ingenuity and drive that are vital to the success of our clients' business. IFCI Venture Capital hires and develops the most professional, experienced people in our industry. To better serve our clients, we provide our team member with technical training relevant for the key industries we serve.

Our people have the capability to quickly and professionally solve the challenges faced by our clients. Every member of the IFCI Venture Capital's team, is committed to delivering the highest quality service using the latest market information, technological advancements and a level of personal attention that each and every client expects and deserves.

Our Strengths

We have expertise in providing corporate advisory services, leveraging three decades of experience in undertaking investment. The focus of these advisory services is to provide independent, fair and informed assessment for undertaking decisions through the Investment cycle from deal identification to exit planning.

Our team members with their background, experience and understanding of critical aspects related to equity investment is an apt partner to carry out in-depth due diligence and appraisal of business plans.

The legal divisions and the accounts division of ours have 16+ years of industry experience.


Some of the key executives of IFCI Venture are :

Mr. S.P. Arora, Managing Director

Shri S. P. Arora, is a Post Graduate in Commerce, an Associate Member of the Institute of Company Secretaries of India, a Law Graduate, An Associate Member of Institute of Cost and Work Accountant of India, Diploma in Labour Laws and a Certified Associate of Indian Institute of Bankers.

He was deputed to IFCI Venture as Managing Director of IFCI Venture Capital Funds Limited (IFCI Venture) in March 2010. He has 29 years of professional experience. He started his career in 1982 as a Probationary Officer in Nationalized Bank and thereafter joined IFCI Ltd. in 1988. Worked in almost all credit functions including credit appraisal, Infrastructure financing, Restructuring & revival strategy, P.S.U. disinvestments, corporate advisory, primary market operations and loan syndication.

Mr. Atul Saxena, Senior Associate Vice President

Mr. Atul Saxena is MBA, IIM Calcutta, B Tech (Civil), IIT Kanpur.

Presently he is leading IFCI's initiative of participation in highways & thermal power projects in Public Private Partnership (PPP) mode.

He has more than 12 years of experience in project development/execution and consulting in Infrastructure Sector in India. He has exposure to handling all the aspects of project development/execution ranging from technical feasibility and financial structuring to commissioning stage. He has also been involved in few projects funded by World Bank like PP Transactions Advisory Services for Selected State Roads and study on PPP in Infrastructure Financing and has significant experience in Project Management and Contract Administration of Oil & Gas sector projects.

Mr. Nitin Aggarwal, Associate Vice President

Mr. Nitin Aggrawal is MBA, IIM Ahmedabad, B Tech (Chemical) IIT Delhi

He is presently leading IFCI's initiative of participation in hydro, wind and solar power projects. He has around 2 years in financial sector and more than 1 year in water management systems.

"IFCI Venture has received a credit rating from CARE of A+ for its loan facilities aggregating to Rs. 50 Crore (applicable for facilities having tenure of not more than one year) and a rating of A- for its loan facilities aggregating to Rs. 200 Crore (applicable for facilities having tenure of more than one year)"