VCCircle Chennai Investment Forum II
One of the country’s top five large states in terms of its contribution to national income, Tamil Nadu always offered a large potential for financial investors including private equity and venture capital funds.
But, the emergence of the state as the fifth largest destination for PE/VC deals since January 2005 has been against the odds of a conservative profile of South India-based business families who typically tend to take small business steps and are largely cautious of bringing stakeholders from outside. At the same time, it also represents the rise of a new set of entrepreneurs seeking cash and expertise of PE/VC funds for giving shape to their business plans.
At our maiden investment conference in end-2009, we discovered that Conservatism, a quality that has come to be much respected after the world saw its worst-ever economic slowdown, is a trait that is in the DNA of Tamil Nadu Inc. The state has often faced criticism for its risk-averse approach. But, in the new world order, conservatism is getting painted by a brush that sees it as being mindful, diligent, accountable and trustworthy. This conservatism and the long-term approach of entrepreneurs actually spell low NPAs and investing into less risky assets from the Venture Capital/Private Equity point of view.
Not surprisingly then, PE/VC deals worth $2.6 billion spread across as many as 193 transactions have been struck by companies headquartered in Tamil Nadu, as per VCCircle data. The prominent sectors in terms of volume and the number of transactions include IT/ITES, manufacturing, banking & financial services, healthcare services, utilities, engineering, digital media, hospitality & travel and media & entertainment.
To capture this entrepreneurial spirit in Tamil Nadu, while indentifying the best investment opportunities for investors, VCCircle launches the 2nd edition of its immensely successful Chennai Investment Forum. The forum, in partnership with the local industry associations, will bring together more than 200 entrepreneurs, CEOs, private equity heads and dealmakers to discuss and debate the road ahead for making deals in this emerging market.
9:40am – 9:45am
Introduction Note - Sahad PV - Founder & Editor, VCCircle
9:45am - 10:25am
Keynote Address: Technology Entrepreneurship In India
Lakshmi Narayanan - Vice Chairman, Cognizant Technology Solutions
10:25am - 11:25am
Panel 1: Creating Private Equity & M&A Deals In Tamil NaduWith a total of 193 private equity deals worth $2.6 billion and 193 M&A deals worth $4.5 billion, Tamil Nadu has presented itself as an attractive investment destination with high quality entrepreneurs and business models. What is now the road ahead for investment and M&A opportunities in the state? What do private equity funds see now in terms of deal pipeline, sourcing, investment strike rate, quality of entrepreneurs and exit potential?
Gopal Srinvasan , Chairman & MD, TVS Capital (Moderator)
Arun Duggal, Chairman, Shriram Capital
K. Venkatachalam, Partner, PwC
R. Venkatesh , Director, Temasek Holdings Advisors
S. M. Sundaram, Partner, Baring Private Equity Partners India
11:25am - 11:40am
Tea & Networking Break
VCCircle Redhot: Here we will focus on micro sessions of 60 minutes each on significant sub segments in Tamil Nadu market.
11:40am - 12:40pm
VCCircle Redhot Segment I: Agri, Food & Related SegmentsAs the investors scan the loop of agribusiness and food business that starts from agri inputs such as seeds and fertilizers to the meal on the plate, they have witnessed many fundable and viable niches within the ecosystem of agriculture. Which are the promising opportunities along the way in areas such as logistics, cold storage, packaging, commodity markets and last-mile retail?
Venkat Shankar, Investment Director, Peepul Capital (Moderator)
R. Gopal, MD, Ramicides Chemicals
A.D. Padmasingh Isaac , Chairman & MD, Aachi Group of Companies
Srivalli Krishnan, CEO, MVS efarm
12:40pm - 1:00pm
Tea & Networking Break
1:00pm - 2:00pm
VCCircle Redhot Segment II: HealthcareOver the last few years, Indian healthcare sector has advanced in its services and segments with rising income, accessibility to insurance, increased life expectancy in addition to other factors. What are the emerging opportunities for investments & entrepreneurship? What are the unique sub segments attractive in the coming years?
G.S.K.Velu - MD & Founder, Trivitron Healthcare (Moderator)
Srinivas Chidambaram - MD, Jacob Ballas Capital India
Dr. R. Emmanuel, MD, Bharat Scans Pvt. Ltd.
Nandakumar S - Founder & CEO, Perfint Healthcare
2:00pm - 2:50pm
Lunch & Networking
2:50pm - 3:20pm
Presentation: Preparing To Raise Private EquityThis session will seek to provide entrepreneurs with insights into the requirements and process involved in raising private equity.
Yashasvi Sharma, Associate Director, PwC
Ganesh Raju, Associate Director, PwC
3:20pm - 3:40pm
Tea & Networking
3:40pm - 4:40pm
Panel 2: Early Stage VC & Angel Investing
Today, in Tamil Nadu, as hundreds of successful professionals are exploring entrepreneurship within various niche business segments, the state is attracting a lot of early stage investment action. What are the required elements in a business idea from the early VC & angel investor’s perspective? Which are the sectors preferred by early VC & angel investors? How to select your angel investor? In addition to capital, what are the other value additions by an investor?
Tarana Lalwani – Vice President, Investment Banking, Anand Rathi (Moderator)
Ananth Narasimhan - CEO, At your price
Parag Dhol - Partner, Inventus Capital Partners
Vishesh Rajaram - Principal, Ventureast
4:40pm - 4:45pm
Concluding Remarks
4:45pm - 5:30pm
VCCircle Unwind: A Quick Glance At The Future Of Entrepreneurship In Tamil NaduThis session, along with cocktails and networking, will take a look at and analyze the emerging themes and business segments that will define Tamil Nadu in the next 10 years.
N.K.Ranganath - CEO, Grundfos Pumps India (Moderator)
C.Venkat Subramanyam - Founder, Veda Corporate Advisors
Hemu Ramaiah - MD, Shop 4 Solutions
Murugavel Janakiraman - Founder & CEO, BharatMatrimony
Bharat S. Dighe - Partner, Aureos India Advisers
5:30pm - 6:15pm
VCCircle Lounge
A special initiative where companies and investors can meet and network in a structured manner in a separate enclosure.
PwC helps organisations and individuals create the value they’re looking for, in a changing world. We’re a network of firms in 157 countries with more than 195,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.
PwC India’s dedicated private equity practice, led by Sanjeev Krishan, comprises of over 20 partners and directors across service lines, supported by Gautam Mehra (Tax) and Dinesh Anand (Forensics). This practice provides services to cover every aspect of the private equity investment cycle and acts as a single point for services including background checks, financial and tax due diligence, transaction structuring, getting regulatory approvals and dispute resolution. What differentiates PwC's PE team is the core regulatory expertise, in-depth forensic capabilities intertwined with dedicated diligence practice with sector knowledge, for the PE life cycle.
In India, PwC has offices in Ahmedabad, Bangalore, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune. For more information about PwC India's service offerings, please visit www.pwc.in.
Contacts:
Sanjeev Krishan
Leader, Private Equity & Transaction Services
sanjeev.krishan@in.pwc.com
Mobile: +91 98100 70689 / +91 98202 79123
Gautam Mehra
Leader, Financial Services - Tax & Regulatory Services
Gautam.mehra@in.pwc.com
Mobile: +91 9867033822, Land line: +91 22 66891155
Dinesh Anand
Leader, Forensic Services
dinesh.anand@in.pwc.com
Mobile: +91 9818267114
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VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
Taj Club House, Chennai
Taj Club House, Chennai
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