This programme is designed specifically to address the needs of professionals appointed by private capital funds on the board of ‘early to growth’ stage companies. It aims to strike an optimal balance between theory, practice, and real-world experience, to help participants better understand the economic drivers of business performance and valuation by enhancing strategic thinking and critical analysis.
“This partnership between IVCA and ISB is very promising. PE/VCs over the past decade have played a significant role in supporting and nurturing innovation in early-stage companies. Safeguarding against such risky investments is a challenge and it will be the key to determine the progress of the private capital market in India. The launch of this investment governance training programme is a significant step in achieving one of IVCA’s crucial objectives – to make India the fund management hub and demonstrate its impact on the world stage,” Karthik Reddy, Co-Founder, Blume Ventures, and Chairperson, of IVCA, said in a statement.
Rajendra Srivastava, Novartis Professor of Marketing and Innovation at the Indian School of Business, said, “We at the Centre for Business Innovation at ISB are delighted to work with IVCA on investor education programs and advocacy research benchmarking global best practices to help develop a robust venture capital investment market to support business innovation and value migration in India.”
Sanjeev Bhikhchandani, Founder & Executive Vice-Chairman, Info Edge said, “This programme is a great feat for the private investing community and will go a long way to offer a guideline for good governance and importance of independent directors of a board. Good governance helps to build an environment of trust, transparency, and accountability necessary for fostering long-term investment, financial stability and business integrity which reflects the health of an organization. For India to continuously produce world-class companies and startups, the responsibilities of the board will considerably increase to ensure best corporate governance practices for effective decision-making and risk management in the future.”
It is a 2-day certification programme to be conducted in Mumbai, Bangalore, and Delhi every quarter.
