Rapid growth, one step at a time

ICICI Venture is a name that has become synonymous with Indian private equity. Renuka Ramnath, the managing director and CEO of the firm, speaks to Siddharth Poddar about its evolution, aspirations and more.

ICICI Venture's roots can be traced back to the origins of the private equity industry in India. Then known as TDICI Limited, ICICI Venture was founded in 1988 as a joint venture between ICICI Bank and the Unit Trust of India, which at the time was the only company providing local investors with the opportunity to access the capital markets.