STATUS ON VENTURE CAPITAL FUND FOR SCHEDULED CASTES (VCF-SC) TILL JULY
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1 STATUS ON VENTURE CAPITAL FUND FOR SCHEDULED CASTES (VCF-SC) TILL JULY 20, PROMOTIONAL ACTIVITIES UNDERTAKEN: Particulars Date of Advertisement published/ participations to create awareness of the scheme Actions An advertisement by Government of India was published on 16th Jan 2015; An advertisement by IFCI Venture Capital Funds Limited was published on 2nd Feb 2015 at National Level; IFCI Venture had participated in the Dalit Indian Chamber of Commerce and Industry (DICCI) EXPO 2015 at HITEX, Hyderabad from 13th February 2015 to 15th February 2015 to create awareness of the Scheme; IFCI Venture had participated in the Composite Camp at Nagpur on 29th March 2015 to promote and create awareness of the Scheme; An advertisement by IFCI Venture Capital Funds Limited was published on 29th March 2015 in Lokmat newspaper all editions in ; An advertisement by IFCI Venture Capital Funds Limited was published on 19th May 2015 at National Level in Business Standard in English language; IFCI Venture Officials have participated in the Credit Camps organized by Punjab National Bank (PNB) at Guwahati on 6th June 2015 and at Shillong on 8th June 2015 for identifying the potential SC Entrepreneurs; An advertisement was published in North Eastern states on 11th June 2015 in English, local languages viz. Bengali, Manipuri, Asamiya and IFCI Venture Officials were present at Guwahati on 11th and 12th June 2015 to attend the prospective entrepreneurs; IFCI Venture had participated in Business Leadership Development and Strategy programe organized by DICCI at IIM Noida Campus from 12th to 14th June 2015; An advertisement was published in Tamil Nadu on 22nd June 2015 in Tamil local language and English language. Further, IFCI Venture Officials were present at Chennai on 22nd and 23rd June 2015 to attend the prospective entrepreneurs. An advertisement by IFCI Venture was published in West Bengal on 14thJul 15 in Ananda BazarPatrika and Telegraph in Bengali and English languages respectively. Further, IFCI Venture Officials were present at Kolkata on 14thand 15thJul 15 to attend the prospective entrepreneurs. An advertisement by IFCI Venture was published in Uttar Pradeshand Uttaranchal on 17th Aug 15 in DainikJagran in Hindi language. Further, IFCI Venture Officials were present at Agra & Lucknow on 17thand 18th Aug 15 to attend the prospective entrepreneurs. IFCI Venture has signeda MOU with SIDCO, Tamil Nadu to facilitate SC entrepreneurs who are in need for land from SIDCO & also exploring necessary funding support from VCF-SC. IFCI Venture officials participated in Multi-stakeholder Consulting Meeting for Promoting participation of Scheduled Caste Youth in Leather Sector on 18th Aug, 2015 to create awareness about the fund. An advertisement by IFCI Venture was published in Punjab (Ludhiana and Chandigarh) Uttaranchal on 6th and 7th October 2015 in Punjab Kesri, Times of India and Ajit newspapers in Punjabi and English. Further, IFCI Venture Officials were present at Ludhiana and Chandigarh on 6th and 7th October 2015 to attend the prospective entrepreneurs. An advertisement regarding the success stories of the beneficiaries under VCF-SC was published in The Indian Express on 11th October An advertisement by IFCI Venture was published in Punjab (Mohali, Chandigarh, Panchkula) on 6th November 2015 in Ajit newspaper in Punjabi. Further, IFCI Venture participated in Swadeshi Mela organized by Centre for Economic Policy Research and Jagaran Manch. The fund officials were also present at Stall No. 3, Dome 1, Dussehra Ground, Phase 8, Mohali, Punjab from 4th to 8th November 2015 to attend the prospective entrepreneurs. IFCI Venture officials have contacted around 50 industry associations across different geographies in India to create awareness about the fund. IFCI Venture officials have participated in awareness camp of National Corporations at Ujjain on 24th December 2015 to create awareness about the fund. IFCI Venture officials have participated in DICCI National Conference at Vigyan Bhawan, Delhi on December 29th, IFCI Venture sponsored START UP India 2016, Annual Meet of Entrepreneurs and Start-Ups organized by ASSOCHAM at Hotel ITC Mourya, Delhi on 20th January, IFCI Venture officials have participated in Dr. Ambedkar National Merit Award, 2015 and Presentation Ceremony at Indian Habitat Center, Delhi on 3rd February 2016 to create awareness about the fund. IFCI Venture organized a Scheduled Castes Entrepreneurs Meet at Raipur, Chattisgarh on 25th Page 1 of 6
2 February 2016 for creating awareness about the fund and for interacting and inviting applications from prospective SC Entrepreneurs. IFCI Venture organized a Scheduled Castes Entrepreneurs Meet at Ahmedabad, Gujarat on 26th February 2016 for creating awareness about the fund and for interacting and inviting applications from prospective SC Entrepreneurs. IFCI Venture organized a Scheduled Castes Entrepreneurs Meet at Bhopal, Madhya Pradesh on 4th March 2016 for creating awareness about the fund and for interacting and inviting applications from prospective SC Entrepreneurs. IFCI Venture officials have participated in Foundation stone laying Ceremony of Dr. Ambedkar National Memorial and Dr. Ambedkar Memorial lecture at Vigyan Bhawan, Delhi on 21st March IFCI Venture had participated in the Dalit Indian Chamber of Commerce and Industry (DICCI) EXPO 2016 at Bombay Exhibition Center, Goregaon, Mumbai from 25th March 2016 to 27th March 2016 to create awareness of the Scheme. IFCI Venture officials have participated in foundation stone laying ceremony of OBC Girls Hostel at Indore, Madhya Pradesh on 20th May 2016 to create awareness of the Scheme. IFCI Venture officials have participated in 13th Entrepreneurship Oriented Seminar for SC/ST organized by DICCI Gujarat Chapter on 21st May 2016 in Ahmedabad Management Association (AMA), Ahmedabad, Gujarat to create awareness of the Scheme. An advertisement by IFCI Venture was published in Hindi Uttarakhand on 30th May 2015 in Amar Ujala newspaper. IFCI Venture has organized a Scheduled Castes Entrepreneurs Meet at Haldwani, Uttarakhand on 31st May 2016 for creating awareness about the fund and for interacting and inviting applications from SC Entrepreneurs. An advertisement by IFCI Venture was published in Hindi Ranchi, Jharkhand on 16th June 2016 in Prabhat Khabar newspaper. Further, two officials were available at Ranchi for attending the prospective entrepreneur. IFCI Venture also participated in ASSOCHAM s Stand up Summit cum Awards event at Ranchi on 17th June 2016 for creating awareness of the fund. IFCI Venture participated in the Study Tour Programme of the Parliamentary Standing Committee on Social Justice and Empowerment at Chandigarh from to Letter/Communications sent to Industry Partners and Associations based out at Agra, Chennai and Coimbatore for scheduling a meeting to discuss &create awareness about the VCF-SC and CEGSSC Schemes. IFCI Venture official had met various industry partners and associations like CODISSIA, District Industries Centre, SIEMA, SIMA, COINDIA, CII and Indian Chamber of Commerce and Industry Coimbatore based at Coimbatore on 29th July 2016 for creating awareness about the fund. An advertisement by IFCI Venture was published in Hindi on 2nd August 2016 in Rajasthan Patrika newspaper. IFCI Venture had organized a Scheduled Castes Entrepreneurs Meet at Udaipur and Kota, Rajasthan on 3rd August and 4th August 2016 respectively for creating awareness about the fund and for interacting and inviting applications from SC Entrepreneurs. IFCI Venture officials have participated in the launch function of the DICCI Chhattisgarh Chapter at Raipur on 26th Aug'16, where the Chief Minister of Chhattisgarh, Other State Ministers, DIC- Chhattisgarh Officials and other FI s has participated. Further, more than 125 SC Entrepreneurs have also participated in the event. IFCI Venture officials had attended the inaugural function of one of the portfolio company named BP Sons and Entertainment Private at Lucknow on 3rd September The local SC entrepreneurs also participated in the event and awareness about the scheme was created. IFCI Venture officials have participated in the launch function of DICCI Bihar Chapter at Patna on 10th Sept 16, where the Governor of Bihar, Shri Ram Vilas Paswan Hon ble Union Minister of Food and Public Distribution, Shri Chirag Paswan Member of Parliament, Other State Ministers and DIC- Bihar officials participated. IFCI Venture officials had attended the inaugural function of one of the portfolio company named Mallur Flora and Hospitality Pvt. at Constitution Club of India, Delhi on 11th October The bureaucrats and SC entrepreneurs also participated in the event and awareness about the scheme was created. A meeting with the officials of IFCI and IFCI Venture Capital Funds Limited, various entrepreneurs under the scheme of VCF-SC and CEGSSC was held under the chairmanship of Secretary (MOSJE) on November 12, 2016 at to review the status of the schemes with respect to the SC entrepreneurs who have applied under both the schemes. The local SC entrepreneurs also participated in the event and awareness about the scheme was created. IFCI Venture had organized a Scheduled Castes Entrepreneurs Meet at Patna, Bihar on 16th Page 2 of 6
3 December for creating awareness about the fund and for interacting and inviting applications from SC Entrepreneurs. An advertisement by IFCI Venture was published in Assam on 15th Dec 16 in Sentinel in English language and in Asomiya Pratidin in Assamese language. Further, IFCI Venture Officials were present at Guwahati on 16th Dec 16 to attend the prospective entrepreneurs. IFCI Venture officials had participated in Regional Meeting with States and Regional Resources & Training Centres (RRTCs) on digital payments organized by Ministry of Social Justice & Empowerment on 16th December 2016 in Guwahati, Assam. A detailed presentation of VCF-SC was delivered to create awareness of the Scheme. IFCI Venture officials had participated in the National Backward Classes Finance and Development Corporation s - Training and loan related awareness camp in NCUI premises, New Delhi on 12 th Jan 17 to create awareness of the Scheme. An advertisement by IFCI Venture was published in Kerala on 15th Feb 17 in The Hindu in English language and in Malayala Mamorama in Malayalam language. Further, IFCI Venture Officials were present at Kochi on 10th Feb 17 to attend the prospective entrepreneurs. An advertisement of VCF-SC was published on 8th March 2017 in The Economic Times -All Editions in English at National Level and Times -All in Marathi in state on the occasion of International Women s day to create awareness of the Scheme. IFCI Venture officials have participated in National Conference Vendor Development Program on Petroleum & Railway Sectors for SC/ST Dealers, Distributors & Entrepreneurs organized by Ministry of Petroleum & Natural Gas, Ministry of Railways, DICCI and others on 21 st March, 2017 held at Vigyan Bhavan, New Delhi. Further, IFCI Venture has also put up a stall at the venue for attending the prospective clients under VCF-SC. An advertisement under VCF-SC was published in newspapers viz. Sambad and Times of India i.e. in Oriya and English language on 12th April 2017 in Orissa. Further, a conference on VCF-SC was organized on 13th April 2017 in Bhubaneswar, Orissa. IFCI Venture officials participated at the Sewa Bharti awareness Programme organized by Hon ble Minister of Social Justice and Empowerment at Delhi on 17th May An advertisement under VCF-SC was published in newspapers viz. Dainik Bhaskar, Punjab Kesri, Amar Ujala (Uttarakhand), Tribune in English, Hindi language on 12th April 2017 in the states of Jammu & Kashmir, Punjab, Haryana, Uttarakhand, Himachal Pradesh and Chandigarh. Further, a conference on VCF-SC was organized on 7th July 2017 in Chandigarh (UT). 2. Status on proposals sanctioned by Investment Committee of Venture Capital Fund for Scheduled Castes and disbursements: Particulars No. of Beneficiaries Amount in Rs. Crores Sanction Disbursement List of sanctioned beneficiaries under the fund: Sl. No. Name of the Company Location Sanctioned Financial Assistance (in Rs Cr.) 1 Janagal Exports Pvt Ltd Ludhiana, Punjab Vera Net Synthetics Pvt Ltd 3 Prowess Inds. Pvt Ltd Abhyudaya Green Economic zone Pvt Ltd Talenticon Consultancy Pvt Ltd Omega Roofing Inds. Pvt. Ltd 20 th March Venture Pvt. Bhavnagar, Gujarat /AP , AP Proposed Project For expansion of existing capacity by purchasing more machineries for manufacturing of garments Setting up facility for manufacturing of fishing nets Setting up of roller flour mill. Setting up Solar park of 20 units of 200Kw each with aggregate installed capacity of 4MW Launch of mobile app and web portal for gift card. Setting up of new unit for fabrication of roofing sheets Setting up of Packaged drinking water facility. Page 3 of 6
4 Cogent Logistics Pvt. Chandan and Chandan Industries Pvt. MGM Infra Development Solutions Pvt. Kuchekar Fitness Management Pvt. Palnadu Solar Power Pvt. Shevantabai Distillery and Fabrications Pvt. GD Foods & Beverages Pvt Ltd Metal Tech Construction Pvt. Harshamitra Oncology Pvt. TGN Corporate Advisors Pvt. Rathnam Pharmaceuticals Pvt. Rainbow Packaging Pvt. Aabon Smit alloys Pvt. Millenium Gateway Infra Pvt. Mallur Flora and Hospitality Pvt. Nisarga Information Technology Solutions Pvt. Harshraj Oil and Foods Industries Pvt. Liven Health Care Pvt. Ugan agro Farming Pvt. Duku Innovates Pvt. Sunfields Energy Pvt. 29 Amin Steel Pvt. 30 B.P. Sons Fun and Entertainment Pvt. 31 Yash Cottyarn Pvt Payod Industries Pvt. MML Medical and Health Services India Pvt. Waken India Network Advertising Pvt. Dartyens Power Pvt. Delhi NCR Delhi NCR Ropar, Punjab Setting up of ware house and providing transporting services. Expansion of manufacturing unit for plastic meter cover and junction boxes. Setting up of manufacturing facility for fly ash based bricks, blocks and pavers Setting up of fitness Centre. Vijayawada, A.P. 1 Setting up of 5.5 MW Solar Power Plant. Solapur, Ariyalur, Tamilnadu To manufacture corrugated paper Boxes Expansion of business of Coffee Manufacturing. Pondicherry Expansion of existing fabrication unit. Trichy, Tamilnadu Tirupati, Andhra Pradesh Ahmedabad, Gujarat Chennai, Tamil Nadu Aurangabad, Bangalore, Karnataka Telengana, AP Aurangabad, Kolhapur, Setting up of a cancer treatment facility through radiation therapy Setting up of IRM (Infrastructure Revenue Model) project for TCS. Setting up of medicine manufacturing facility for manufacturing tablets for curing malaria and other generic products Expansion of manufacturing facility for milk packaging products. Manufacturing of welding electrodes and weir plates. Setting up Manufacturing facility for flyash bricks and concrete blocks. Setting up manufacturing facility for production of Ayurveda medicines. Setting up of facility for supporting Digitization of Records and IT Infrastructure Management Setting up of Edible Oil Extraction mill Company Plans to set up set up Health Care Institute Delhi Setting up poultry and hatchery unit. Lucknow, UP Setting up Infrastructure for developing web and mobile bases software applications to serve various industries Telengana, AP Expansion of Solar PV Module Manufacturing Unit Ahmedabad, Gujarat Procuring machines for optimization of existing capacity and takeover of bank term loan. Lucknow, U.P Setting up an Amusement Park. Akola, Sangli, Setting up a Spinning Mill To expand production of cotton gloves meant for industrial purposes for protection of workmen. To set up a Blood Bank & Pathological Laboratory to render services to the hospitals located in and around Hyderabad and. To provide end to end solutions of advertising, social awareness and solid waste management through innovative product called Smart Bin. To set up 1 MW solar power plant at Nalgonda Dist., Telengana Page 4 of 6
5 Krispylicios Foods Pvt. Dona doni Fashion Pvt. Green Belt Industries Pvt. 39 SVJ Electricals Pvt. Delhi Jhajjar, Haryana Guwahati, Assam Thane, Coeval Crafts Pvt. Kolkata Bhagyalaxmi Ferro Alloys Pvt. JD Hoist and Cranes Pvt. Steeledge Pipes and Scaffold Pvt. Abhijeet surface Coatings Pvt. 45 Ravidas Industries 46 JK Softech Pvt. 47 Nishant Bioenergy Pvt. 48 Root Hydrocarbons Srimedha Pharmaceutical Pvt. Daksha Garments Pvt. 51 Kamani Tubes BK & Sons Group of Companies Pvt. Shilpa Dal & food Industries Pvt. Hotel Paras Mahal Pvt. Onegreendiary software Pvt. Ram sab Industries Pvt. SSR Automobile Parts Pvt. 58 SSV Graphics Pvt Veracity Natural Resources Pvt. Rensan Stone Crusher Pvt. Meenakshi Devi Hi-Tech Agro Industry Pvt. Bahadurgarh, Haryana Bhilai, Chattisgarh Thane, Belgaum, Karnataka Zirakpur, Punjab Shikarpur, Roorkee, Uttarakhand Nalgonda District, Kukatpally, Mumbai, Sangli, Aurangabad, Udaipur, Rajasthan Expand the existing manufacturing facility of namkeens, puffs, rusk/ toast and fryms. To integrate and Modernize existing Capacity of footwear manufacturing facility Setting up of 10 MT per day multi food processing unit Expansion of existing manufacturing facility of CRGO core lamination for transformers. Setting up new facility for digital textile printing on handloom fabrics and handicrafts. To set up unit for manufacturing components of household cleaning items like brooms, mops, wipers, etc. To refurbish and modernise the existing manufacturing facility for cranes and Hoists To set up new manufacturing unit of 15 MTPD capacity of MS /SS Pipes, tubes, lancing tubes and scaffolding To expand the existing manufacturing facility of stainless steel containers used in water heaters, water tanks, chiller plants. To increase the existing capacity of manufacturing facility of shoes, sandals and chappals. To set up 140 UIDAI KIT for facilitating registrations of AADHAR at 125 Common Services Centers (CSCs) and also through Mobile Vans at Karnataka State. To set up a manufacturing unit for fabrication of pellet plant, pellet stove, pellet burner. To set up a 1.47 MW grid connected Biogas based power plant. To set up a manufacturing unit for production of Allopathic Drug Formulations. To set up a unit for manufacturing of all types of garments. To expand manufacturing of copper tubes and various new copper products To set up a manufacturing unit for furniture manufacturing To set up a Dal processing unit Ghaziabad, UP Solan, Himachal Pradesh Telengana Chennai, Tamil Nadu To construct a shopping complex under the name 'Paras Prime'. To set up an infrastructure for developing different web and mobile based software application to serve different retail and service merchants. To set up the bakery unit for production of breads, biscuits and rusks. To take over loan and purchase of plant and machinery for a control atmosphere cold storage unit To set up an offset printing and Xerox service unit To Set up the facility for manufacturing of Manganese Oxide. To set up a mining and processing unit of basalt boulders with an installed capacity of 2,40,000 MTPA. To set up cold storage unit with an installed capacity of 5,000 MTPA. Page 5 of 6
6 62 Jay Plast Pack Pvt NGP Agro Buildcon Pvt. PJS Construction Pvt. Heli Electro Solutions Pvt. Agnisumukh Energy Solutions Pvt. MLP Facilitators Pvt. Radhakrushna Micro Milk & Milk Products Pvt. Solapur, Maharashta Basti, Uttar Pradesh To set up a manufacturing unit of different kinds of carry bags of commercial usage like Perforated Bags, Leno / Mesh Bags, HDPE Woven Bags / Snacks, etc To set up Cardiology center in Nagpur Navsari, Gujarat Bangalore, Karnataka New Delhi Solapur, Laxmi Barter Pvt. Patna, Bihar Marigold Bio Extracts Pvt. Hensar Enterprises Pvt. Warangal, Kushaiguda, Total To set up a manufacturing facility of interlocking bricks, tiles at Basti, Uttar Pradesh To set up a bio fertilizer / bio stimulant / bio pesticide manufacturing unit in Navsari, Gujarat. To expand the existing business of manufacturing of radiant heat kitchen stoves with burners at Bangalore, Karnataka. To acquire and renovate a petrol pump cum CNG filling station at Mathura, U.P. To set up a Milk Processing Unit of 5000 Lts per day capacity To set up a dealership of TATA Motors Commercial Vehicles at Patna Bihar To set up a manufacturing / processing unit with an installed capacity 100 Kg / month for phytochemicals, Nutraceuticals, Herbal Extracts etc. To set up a manufacturing unit for various precision engineering job works on different types of sheet metals and non-metal sheets using CNC machines. Page 6 of 6
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