ICP is managed by entrepreneurs and industry-operating veterans, with the singular goal of making new entrepreneurs successful. They’ve financed and guided over 120 founding teams in the US and India to dozens of successful IPOs or acquisitions, creating over $30 billion in aggregate wealth for founders and shareholders. Recent successes include Spotzot (acquired by Valassis), Insta Health Solutions (acquired by Practo), RedBus (acquired by Naspers), ViVu (acquired by Polycom) and Sierra Atlantic (acquired by Hitachi Consulting).
They prefer backing founders who apply technology to disrupt big industries, by combining technology with services business models. While often seeming out of fashion the past few years, they have always gravitated towards entrepreneurs employing capital efficiency and proven unit economics, alongside growth strategies and big ambitions. They have particular experience and continued interest in the naturally high-margin business models – like software-as-a-service, internet marketplaces, mobile and technology enabled services – used to define new sectors or move massive portions of existing off-line markets into the global digital economy.
The HR Fund is India’s first HR focused Private Investment Company. Set up in 2011, it’s vision is to transform the Human Capital space by institutionalizing HR entrepreneurship. Their investors are senior business professionals with a strong background in HR, Technology, and Finance. Their experience coupled with the investment philosophy creates a unique model for The HR Fund. The Fund’s investment philosophy is as much entrepreneur focused as on the business itself. Their network has the pulse on emerging trends in global markets and finds local and regional entrepreneurs with innovative business models. The investment committee looks for dynamic entrepreneurs who are able to balance passion and values with sound business sense.