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Reliance Venture Asset Management, wholly owned subsidiary of Reliance Capital, is the venture capital arm of the Reliance Group with an investment mandate to incubate or invest into high-growth, new business ideas and is stage, sector and geography agnostic
Ranked 30th in the reputed list of US-based, Red Herring Top 100 Global Venture Capital firms in 2009 out of 1,800 global VC firms, from 32 countries, and across 12 benchmarks, Reliance Venture is the only Indian Corporate Venture Capital firm to feature in the ranking
RVAM is also a recipient of the "Excellence Award" from India's Institute of Economic Studies, a quasi-government agency started by Members of the Indian Parliament, industry leaders, economists and educational leaders.
RVAM’s portfolio companies are considered as category creators and industry leaders. It has spawned companies including household names such as India's largest online travel website ‘Yatra.com’, ‘Suvidhaa’ - India’s leading service commerce company, ‘Stoke, Inc.’ - a leader in multi access convergence network, ‘Tessolve’ - a leading semi-conductor testing company amongst many others
The Company has fostered relations with global premier institutions and is the exclusive India partner for MIT and Stanford University for their entrepreneurship and business competitions. RVAM has also funded two start-ups from MIT
RVAM endeavors to be the preferred choice and premier partner of all its portfolio companies and assures its full commitment to them over an unlimited period of time
RVAM currently manages assets of over Rs. 192 crore (US$ 39 million)
To know more about Reliance Venture Asset Management, click here: http://www.relianceventure.com
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