FEBRUARY 20, 2023
CHENNAI: TVS Capital Funds has bagged the BFSI Investor of the Year Apex Award at the annual PE-VC Summit of Venture Intelligence. The award is instituted by research firm Venture Intelligence.
TVS Capital Funds is a growth private equity fund and has invested in more than 35 companies across its three funds. The firm is investing currently from their third fund- a Rs. 2,000 crore fund.
TCF has invested in 15 companies in the financial services space, the most recent being their investments in PhonePe and InsuranceDekho. 60% of the investments done by the fund till date has been in BFSI.
“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,” Gopal Srinivasan, chairman, TVS Capital Funds, said in a statement.
