Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
On completion of this course,the students will be able to:
CO 1: Understand the basic framework of Venture capital, funding process and Stages of Financing
CO 2: Acquire knowledge of various models of financing venture including angel Investing CO 3: Comprehend the need of Private equity financing CO 4: Implement the process of Private Equity Financing CO 5: Understand the regulatory mechanism of Venture Capital & Private Equity CO 6: Identify the relevance of investment market |
Approach in teaching: Interactive Lectures using whiteboards, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching, Short Quiz consisting of numerical problems
Learning activities for the students:
Self-learning assignments, Effective questions, Solving problems of unsolved questions, Problem based learning-cases, Group learning teamwork, |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Meaning and definition of venture capital, features of venture capital, Venture capital funding process, Structure of venture capital firms, need of venture capital Dimensions of venture Capital, Stages of Financing offered in venture Capital, types of financing, advantages and disadvantages of venture capital, Venture Capital Process
Meaning of Angel- Choosing an Angel- Features of Angels- TIE (The IndUS Entrepreneurs). Modes of Venture Capital Financing- Company- Trust- Limited Partnership- Comparative analysis of different modes of Venture Capital Financing Venture Capital Assistances and Schemes in India and Abroad
Strategies of Private Equity – leverage Buyout – growth capital – mezzanine capital – distressed debt – other Strategies – Size and performance and economic environment of Private Equity global context – PEPI and Fund Indices – Private Equity in India an overview – Due Diligence – Procedure and challenges – Due diligence in emerging Private Equity Market – investing in developing market – past performance and strategy.
Regulation of Venture Capital and Private Equity – Business Cycle of PE – Structure of VCPE firms –Limited liability partnerships - Routes of VCPE investments in India - Valuation approaches – risk and return – analysis of funds– conventional method – revenue multiplier method
Modes of Exits in Indian Context and Challenges involved – IPO-Promoter Buyback – Sale to other PE Funds – Sale to other strategic Investor – Stake Swap – M&A’s – open market – Secondary Market.
ESSENTIAL READINGS: