About ICICI Venture
ICICI Venture is a private equity firm founded in 1988. It is primarily based in Mumbai, India. As of May 2026, ICICI Venture is an active investor with a portfolio of 106 companies, comprising 106 funding rounds and 3 acquisitions. In the last 12 months, it has participated in 4 funding rounds. The firm primarily invests in companies based in India and Netherlands. Its portfolio is spread across a wide range of sectors from Real Estate and Construction to Healthcare. Its latest investment was a $***** Series C round in Dholakia on Apr 29, 2026 which also saw participation from Abakkus Asset Manager and Amal Parikh.
Overall ICICI Venture portfolio has seen 34 IPOs and 21 acquisitions, namely DCB Bank, KIMS Hospitals and ING. A lot of funds co-invest with ICICI Venture, with names like ChrysCapital sharing a substantial percentage of its portfolio.
ICICI Venture has a team of 58 people, including 12 partners.
Key Metrics
ICICI Venture's Portfolio
ICICI Venture has a portfolio of 106 companies. They have invested in a total of 106 companies. Their most recent investment was in Dholakia (Series C round) on Apr 29, 2026. Here are the most recent investments by ICICI Venture:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Apr 29, 2026 | Series C | 8982 | ||
Apr 22, 2026 | Series B | 7972 | - | |
Jan 05, 2026 | Series B | 3592 | ||
Jul 08, 2025 | Series A | 2393 | - |
ICICI Venture has acquired 3 companies. Their most recent acquisition was of Metalcastello on Apr 02, 2008. Here are the most recent acquisitions by ICICI Venture:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Apr 02, 2008 | Manufacturer of precision gears for mechanical transmissions | - | 1952 | |
Jun 08, 2007 | Preclinical in vitro testing and development services | - | 2009 | |
Oct 22, 2012 | Clinical research and trials provider | $26M | 1996 |
Here is the portfolio snapshot of ICICI Venture:
Investments by Year
The maximum number of investments were made in 2018
Portfolio by Location
Companies are primarily in India and Netherlands
Portfolio by Sector
Companies are primarily in Real Estate and Construction
Team profile of ICICI Venture
ICICI Venture has a team of 58 members including 12 Partners and 19 Principals located in India and United Arab Emirates. ICICI Venture's team sits on the board of 1 company.Here is a list of top team members in ICICI Venture:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Partner | Mumbai | - | ||
Partner | Bengaluru | - | ||
Partner | Mumbai | - | ||
Partner | Mumbai | |||
Partner | Bengaluru | - | ||
Partner | - | - | ||
Partner | Hyderabad | - | - | |
Partner | Delhi | - | - | |
Partner | Mumbai | - | ||
Partner | Mumbai | - |
Co-investors of ICICI Venture
Over the past 38 years, 72 investors have co-invested in ICICI Venture's portfolio companies.
- Top Co-investors of ICICI Venture: 72 investors entered a company along with ICICI Venture. These include investors like ChrysCapital (2 companies).
ICICI Venture News
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Dholakia Lab Grown Diamond Raises Rs 800 CrIndian Retailer•Apr 29, 2026•Abakkus Asset Manager, ICICI Venture, Dholakia
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Agrow Allied Ventures Private Secures USD 20 Million from ICICI Venture to Expand Agrochemical BusinessGlobal Agriculture•Apr 22, 2026•Agrow Allied, ICICI Venture
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Unbox Robotics raises $28 Mn led by ICICI VentureEntrackr•Jan 20, 2026•Unbox Robotics, ICICI Venture, RedStart Labs, F-Prime Capital and 5 others
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Innovist raises Rs 136 crore in funding round led by ICICI Venture
Indiatimes•Apr 10, 2025•Innovist, ICICI Venture, Niveshaay, Sauce
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