TVS Capital Funds has won the prestigious BFSI Investor of the Year Apex Award, instituted by Venture Intelligence, a leading data service provider. At the annual PE-VC Summit of Venture Intelligence, which saw the participation of more than 200 delegates from the PE-VC Industry, TCF was awarded the Apex award.
Gopal Srinivasan, Chairman of TVS Capital Funds said: "We are delighted to receive the best BFSI Apex award from Venture Intelligence. Especially since the Apex awards have a unique process where it is voted by the industry, it is the wisdom of the crowds. As growth equity continues its strident growth in India, our laser-sharp focus in a sector will become an even more important driver for fund performance," said Mr. Gopal Srinivasan, Chairman, TVS Capital Funds.
TVS Capital Funds is a growth private equity fund and has invested in more than 35 companies across its 3 funds. The firm is investing currently from their 3rd fund, a ₹ 2,000 Cr fund. TCF has invested in 15 companies in the financial services space, the most recent being their investments in PhonePe and Insurance Dekho. 60% of the investments done by the fund till date has been in BFSI. The spectrum of companies range from partnerships with new-gen private banks in their infancy stage, small finance banks, NBFCs and more recently technology driven companies in the space such as Yubi, Digit, Phonepe & Insurance Dekho. Among their financial services portfolio are 3 unicorns, Five Star, Digit and Yubi.