Page 320 - DMGT207_MANAGEMENT_OF_FINANCES

Unit 14: Capital Market and Financial Institutions

There is an existence of many insurance companies in Indian market. The main of them are: Notes
 General Insurance Corporation of India Ltd.
 Life Insurance Corporation
 New India Assurance Company

 United India Insurance Company

Merchant Banks

Merchant Banking Companies registered with the Securities and Exchange Board of India as a
Merchant Banker under Section 12 of the Securities and Exchange Board of India Act, 1992 and is
carrying on the business of merchant Banker in accordance with the Securities and Exchange
Board of India Merchant Banking (Rules) 1992 and Securities and Exchange Board of India
Merchant Banking (Regulations) 1992 and does not carry any financial activity and does not
accept or hold public deposits.
Merchant banks are institutions like,

Example:

 Bajaj Capital Limited
 Standard Chartered Bank
 SMC Global Securities Limited
 SPA Merchant Bankers Limited

Venture Capitalists

Venture capitalists are the institutions that deal in venture capital. Venture capital (also known
as VC or Venture) is a type of private equity capital typically provided to early-stage, high-
potential, and growth companies in the interest of generating a return through an eventual
realization event such as an IPO or trade sale of the company.

Example:
 2i Capital (India) Private Limited
 Actis
 Artiman Ventures

 Avon Capital Services Ltd
 Baring Private Equity Partners (India) Limited
 Berkeley Finance & Consulting
 BlueRun Ventures

 Canbank Venture Capital Fund Limited
 ChrysCapital
 Global Technology Ventures Ltd.

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