IvyCap Ventures, founded in 2011, aimed to reshape India's startup scene with an innovative concept: an endowment fund model backed by the IIT alumni network. In 2012, the Mentor Trust was introduced, uniting mentors and global alumni while gaining recognition from top financial institutions. From 2013 to 2015, IvyCap focused on fund deployment and introduced IvyCamp, India's first startup engagement platform. Investments in companies like Purplle, Clovia, and BlueStone drove innovation.
In 2016-2017, IvyCap evolved, shifting from investors to active supporters of entrepreneurship, and marked their first exit with Sokrati. In 2018-2019, they deployed Fund II and established India's first Endowment Fund for IIT Delhi, a milestone in education and entrepreneurship.
2020 saw a significant transformation, with the introduction of the first Angel Fund and a focus on Sustainable Development Goals (SDGs). IvyCap Ventures aimed to generate sustainable returns and embraced responsible investing. 2021 was a pivotal year, with successful exits and a partial exit from Purplle, achieving a remarkable 22X return and earning the title of the first "Dragon" in the startup world.
In 2022-2023, IvyCap strategically diversified its investments in companies like Eggoz, Celcius, and Agraga, showcasing the depth of its portfolio. Today, IvyCap Ventures manages INR 4500 crores with over 40 portfolio companies, known for its unique collaboration with institutional investors, strong relationships, and exceptional venture returns.
This journey exemplifies the power of vision, innovation, and unwavering commitment to India's entrepreneurial landscape. IvyCap Ventures stands as one of India's largest domestic Venture Capital Funds, where audacious dreams become thriving realities.