rajan anandan: IVCA appoints Sequoia Capital’s Rajan Anandan as new president of its VC Council

The Indian Venture & Alternate Capital Association (IVCA), the top body for the private equity and venture capital industry, said Wednesday it had formed a new eight-member venture capital (VC) board for the year 2022-2024 and which had appointed Rajan Anandan, CEO of Sequoia India and Southeast Asia, as its president.

The VC council will be co-chaired by Trifecta Capital co-founder and chief executive, Rahul Khanna, and will aim to drive engagement with the government by advocating policies that encourage innovation that contributes to capital creation, nation-building and dissemination. of knowledge.

The new council will function as a permanent subcommittee under the auspices of the IVCA Executive Committee. Currently, IVCA hosts several thematic councils and sub-committees dealing with issues related to regulatory issues, credit and special situations, real estate, limited liability partners, global investors, to cover the growing interests of its members.

The VC council is one such subcommittee hosted by the IVCA.

Other VC board members include Manish Khetarpal of WaterBridge Ventures, Priyanka Chopra of Bharat Innovation Fund, Ruchi Khajanchi of A91 Partners, Sehraj Singh of Prosus Ventures, Sameer Brij Verma of Nexus Venture Partners and Anil Joshi of Unicorn India Ventures.

“Our mandate as a VC board is to ensure that we continue to build on these strong foundations, while addressing a number of areas such as attracting more national capital, improving governance and encouraging new funds in emerging sectors. As we do so, we look forward to partnering with all of the venture capital firms in the industry and our progressive politicians in government to take our ecosystem to new heights, ”Anandan said.

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The board will also seek to engage with more than 120 IVCA’s VC member funds and other national and global funds to work on important industry initiatives and issues, it said in a statement Wednesday.

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