Join the vanguard shaping the

investment landscape with VC

& PE insights

Venture Capital and

Private Equity Programme
Start Date: September 26, 2024
22 Weeks | Online + Live Sessions, Masterclasses and Office Hours
Programme Summary
Venture Capital and Private Equity Programme

Institute Name Programme Duration Cost Learning Mode Weekly effort

ISB Executive 22 Weeks INR 4,50,000 + GST Online + Live Sessions, 4-5 hours a week
Education Masterclasses and Office Hours

Faculty Guest Faculty/ Programme Leader Eligibility Certificate

ISB Faculty Industry Experts Subject Matter Minimum Graduate or Upon successful completion of the
Mid-Senior Industry Experts/ Mid-Senior Diploma Holder (10+2+3) with programme, participants will be
Practitioners Industry Practitioners 5+ years of work experience awarded a verified digital certificate
from ISB Executive Education

Learning Experience

Pre-recorded videos with ISB Faculty - High-quality videos - On Demand learning -

Learn at your own pace, around your Great learning experience, even Re-watch any lesson/ concept for
busy schedule while on-the-move deeper understanding

Live Lectures by ISB faculty - Cohort-based learning -

2-3 Live interactive lectures by ISB faculty Networking & Community Interaction
and masterclasses by industry expertss by using discussion boards

Frequently Asked Questions

Are there any LIVE sessions with the institute faculty in this programme?
This programme is designed to give flexible learning given time constraints of working professionals and contains high-quality pre-recorded videos
with the globally renowned faculty from ISB. No LIVE sessions will be taken by ISB faculty

What is the role of the Programme Leader? Are they institute faculty?
Programme Leaders are Industry Practitioners/ Subject Matter Experts who help with doubt-clearing sessions, cover specific topics deeper and share
real-world examples wherever needed. They are not the faculty of the institute

Who grades/ gives inputs on the assignments and projects?

The assignment grading frameworks are created in collaboration with the institute faculty. However the actual grading is done by the Programme Leaders

Is there a qualifying mark/ grade to get the final certification in this programme?
Yes, the qualifying mark is 70%.

What if I miss the assignments for a particular week? Can I attempt them later?
An assignment that is not submitted by the due date is late. Late assignments will be accepted until one week after the programme end date, which is
published on the programme homepage.

Who is the faculty for the LIVE Masterclass/ Online sessions/ Doubt-Clearing sessions?
Weekly Doubt-clearing sessions are carried out by the Programme Leaders, as they monitor individual student progress.

Do I get Alumni status of the institute on completion of this programme

This programme comes with ISB Executive Alumni Status which includes access to resources, networking opportunities, discounts on programs,
access to support team, exclusive event invitations, and the chance to be a guest speaker.

Will Emeritus/ Institute help with placement services?

This programme is designed with some of the best faculty and to cover relevant topics in a manner that creates positive career outcomes. However,
we do not offer any additional career/placement services with this programme.

What type of certificate will I receive?

Upon successful completion of the programme, you will receive a smart digital certificate. The smart digital certificate can be shared with friends, family,
schools, or potential employers. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. The digital certificate will be sent
approximately two weeks after the programme, once grading is complete.

How long will I have access to the learning materials?

You will have access to the online learning platform and all the videos and programme materials for 12 months following the programme start date.
Access to the learning platform is restricted to registered participants per the terms of agreement.

This Programme Summary is provided only for your convenience. You are advised to refer to the Programme Brochure for more information.
 Overview

VC-PE firms invested

$46 BILLION (across 1,261 deals)
in companies in 2022
Source: Economic Times, Jan,2023

India had about 50,000 start-ups in India in 2018, around 8,900 – 9,300
of these were technology-led start-ups. Over a thousand new tech start-
ups were born in 2019 alone, implying that there are 2-3 tech start-ups
born every day. Venture Capital (VC) funding in India broke all records
in 2021, with $42 Billion raised by start-ups, which was more than the
$37 Billion combined funding that was raised in the last three years. The
year 2022 despite being termed as a funding winter for start-ups, has
still had Indian organisations raise more than $20.82 Billion in the first
eight months alone.

The top acquisition deals in 2022 included Pickrr by Shiprocket, Ezetap

by Razorpay,Knowlarity by Gupshup, Karza Technologies by Perfios,
Setu by Pine Labs, Indus OS by PhonePe.
Today, India is the third-largest start-up ecosystem in the world, with more
than 84,400 such ventures operating across 656 districts in the
country. Hence, for any senior leader in the private equity (PE), capital
and investment management space, it becomes more important than ever
to understand how to make the right investment calls, how to lead teams
to identify the right opportunities and how to spot the opportunities that
may not pan out.

The Venture Capital and Private Equity Programme is a 22-week

journey crafted by globally renowned ISB faculty and is designed to give a
comprehensive overview of venture capital and private equity ecosystem.
In this programme you will learn how to evaluate investments, structure
and source deals, manage portfolios, and gain competitive advantage in
venture capital and private equity sectors.

A 22-week programme with curriculum crafted by globally renowned

faculty from the No. 1 B-school in India* is the perfect opportunity for
professionals with 5+ years of experience, who are looking to embark on
their journey in the venture capital and private equity domain.

SOURCE: FT GLOBAL MBA RANKING 2023

 Programme Highlights

6+ Masterclasses
with industry 10+ Office
Hours 21 Required
Assignments 14 Self-Study
Discussions
experts

174 Pre-recorded
video lectures* for
Certificate of
self-paced learning
from renowned completion
ISB faculty

2-3 Live sessions by ISB ISB Executive

faculty alumni status

Capstone
Project & Peer-to-peer
Real-World learning
Case Studies

Access to a
Success
Coach
 Who Is This Programme For?
Professionals with 5+ years of work experience who are looking to embark on their
journeys in the VC & PE domain and network with like-minded peers

Professionals looking to take significant strides in the VC & PE sector, who want to
gain an understanding of sourcing, managing, and structuring deals.

Note: An updated resume and LinkedIn profile is mandatory for application.

 ISB Executive Alumni Status
Access to the Executive Alumni portal – a unique space for alumni to re-ignite
connections, spark collaborations and engage in continuous learning. The
alumni portal has several features like an alumni directory, city chapters,
special interest groups, alumni mentorship and more. Access to the alumni
portal is provided post the programme completion.

Exclusive invitations to
Networking opportunities via Online and Offline events
ISB Executive Education like Webinars, Conferences,
Network Group on LinkedIn. and Master Classes,
amongst others.

Preferential pricing with 20% Opportunity to be a Guest

discount on programme fee Speaker at ISB Executive
on ISB Executive Education events (invited on the
programmes. discretion of ISB Executive
Education).

ISB Executive Education

newsletters, articles, podcasts ISB Executive Alumni
and videos. Credentials: ISB Email ID.

Access to ISB Executive

Education support team over
email.

Disclaimer: All activities and research resources for ISB Executive Education alumni are handled by ISB
Executive Education. Whenever there are any events or webinars held, they will be informing the alumni
community of the same. Events take place yearly basis availability of resources & is subject to change.
 Action Learning Activities

Deal Valuation Deal Negotiation

Participants will gain hands-on By modeling the venture capital (VC)
experience analyzing firms using deal process, participants will have
methods such as DCF and multiples. the chance to hone their skills in deal
analysis and closing in this activity.

VC Circle Premium Membership

1-year subscription to VC Circle Premium:

Handpicked Articles,
Exclusive PE/VC Trends and Breaking
Coverage News Coverage

Concession on
Expert Opinion
Selected VC Circle
and Analysis
Event Tickets

Note: - *This is a self-paced online programme with 2-3 Live Sessions by ISB faculty and some masterclasses
by industry experts. We have a curated panel of success coaches who will be conducting the weekly
live doubt-clearing sessions.
**Assignments are graded either by industry practitioners who are available to support participants in
their learning journey and/or by the Emeritus grading team. The final number of quizzes, assignments
and discussions will be confirmed closer to the programme start.
Office hours are weekly live connects with the Programme Leader/Success Coach for query resolution.
Past Participant Work Experience

32.8%
5-9 Years
10-14 Years
22.4%
17.2%
15-19 Years
13.8% 13.8% 20+ Years
Others

Note: *Based on Past Participant Data

Top Industries

Financial Consulting Manufacturing Others

Services

*Others industries include Banking, Energy/Utilities, Education, IT/Computers, etc.,

Testimonial

“
The Success Coach was the highlight of this programme for me. I think that his
commitment to ensure that he discussed the important aspects of how to unpack
some of the VC/PE industry trends and encouraging participants to consider different
points of view and nuances was tremendously helpful and appreciated. In terms of
personal benefit, as someone who was exposed to investment-related discussions
going around, it has certainly contributed to improving my understanding and also
helped me to confidently engage and contribute to some of these discussions when
the opportunity presents itself. It is an achievement after taking this programme.

Roma Vasudevan
Senior Director, Risk Management & Digital Lending, Accion
Faculty

Anand Nandkumar
Associate Professor, Strategy,
Executive Director - SRITNE

Professor Nandkumar explores industry and firm level phenomena that influence
innovation – the generation of new ideas and entrepreneurship – distribution and
commercialization of new ideas. His research focuses on high technology industries
such as pharmaceuticals, biotechnology and software, and it falls in between
industrial organisation (IO), economics of technological change and strategy.
Professor Nandkumar graduated with a PhD in Public Policy and Management, with
a focus in strategy and entrepreneurship from Carnegie Mellon University in 2008.
Prior to his PhD, he worked for about 3 years with a start-up in the Silicon Valley and
prior to that in New York City with one of the world’s largest financial services firm.
True to his expertise, at the ISB, Professor Nandkumar teaches Strategic Innovation
Management and Strategic Challenges for Innovation based start-ups.

Prothit Sen
Assistant Professor, Strategy

Professor Sen’s research interests primarily include business model innovations, the
impact of such innovations on corporate strategy decisions, such as strategic
alliances, and private equity portfolio strategies. In terms of research methodology,
Professor Sen performs empirical analyses over secondary data by using a
combination of predictive models that use machine learning algorithms and classical
econometric techniques for making causal inferences regarding the phenomena of his
interest.

Prior to obtaining his PhD, Professor Sen worked for several years as a consultant for
Bain & Company in Gurgaon, India. His advisory experience in India spanned across
the manufacturing, automotive, IT services and private equity
 Rajeev Mantri
Guest Faculty, ISB

Rajeev Mantri is the managing director of Navam Capital, an India-focused venture firm
investing in deep technology and frontier technology start-ups. Prior to founding Navam
Capital, Rajeev worked as a venture capitalist at New York-based Lux Capital, where
he focused on energy, nanomaterials, electric mobility and climate technology sectors.
Rajeev has contributed articles on technology, investing, venture capital and
entrepreneurship in India to The Indian Express, The Wall Street Journal, Mint,
Swarajya, Hindustan Times, India Today, Open Magazine, Financial Times, The New
York Times International Weekly and other publications.

In August 2010, Rajeev co-founded Vyome Therapeutics, a biopharmaceuticals

company, and served as Vyome’s president through the company’s formative years.
In 2018, Rajeev was made a Raisina Fellow by the New Delhi-based think tank
Observer Research Foundation. In 2019, Rajeev completed the Chevening
Fellowship in Financial Services at King's College London. Rajeev is a member of the
advisory board of RISE Foundation, IISER Kolkata and co-founder of the India
Enterprise Council, a public policy think tank. Rajeev is the author (with Harsh
Madhusudan) of the book, 'A New Idea of India — Individual Rights in a Civilisational
State', an international best-seller on the history and future of modern India, covering a
diverse range of topics in economics, foreign policy and politics. Rajeev graduated with
a BS in materials science and engineering from Northwestern University and an MBA
from Columbia University, specialising in private equity and value investing.

Nandkishore Doreswamy
Adjunct Professor (Practice),
Marketing and Strategy Visiting Faculty, ISB

Professor Nandkishore is a Global C-suite Executive with over 34 years of global

experience in Leadership roles across a diverse set of environments in both emerging
and developed markets. He retired as CEO/ Executive Vice President for Nestlé in
Asia, Oceania & Africa. His key areas of expertise include turnaround situations, crisis
management, transformation of old-economy businesses through ‘Tech-based’
innovation, leadership and coaching in the new ‘Tech led’ and ‘Sharing Economy’,
globalisation, and cross-cultural operations.
 Key Takeaways
What will a participant learn as a result of this programme?

Gain a foundational understanding of venture

capital and private equity ecosystem from
globally renowned ISB faculty

Delve into the due diligence, valuation, and structuring

processes of a VC deal to correctly evaluate a company
and allocate assets efficiently

Learn how to effectively manage a portfolio of

private equity organisations, and ensure an
optimal spread of investments

Keep up with the latest trends in the VC and PE ecosystem

in India and abroad and stay abreast of how technology can
impact your investment selections

Understand the rules and regulations in VCPE circle in

India and manage risks accordingly

Build and lead a team developing and

retaining the best talent in the market and
create a sustainable future for your firm
Venture Capital Learning Outcomes
Introduction to Venture Capital
Grasp the essentials of venture capital, including its purpose,
structure, and significance in funding early-stage ventures.

Emerging Trends in Venture Capital

Explore the evolving landscape of venture capital, dissecting the impact
of technology and shifting business models on investment strategies.

Assessing Investment Opportunities

Hone skills in evaluating potential investments, including market
potential, growth prospects, and financial metrics analysis.

Exit Strategies in Venture Capital

Analyse various exit routes in venture capital, such as IPOs, mergers
and acquisitions, and secondary market transactions, to optimise
returns on investments.

Technology in Investment Management

Explore technology's impact on investment management practices,
harnessing its potential to leverage emerging trends effectively.

Private Equity Learning Outcomes

Introduction to Disruption in Optimising

Private Equity Private Equity Investment Returns
Acquire a deep Delve into the Evaluate diverse exit
understanding of transformative strategies in private
the private equity effects of technology equity to enhance
sector, including its and emerging trends investment returns
structure and on private equity, through strategic
pivotal role in the shaping innovative decision-making.
financial realm. investment
strategies.
 Programme Modules
Pillar I : Venture Capital

Module 1: Venture Capital Industry Overview and Dynamics

Introduction to venture capital
Global venture funding: Overview
US venture funding: Overview
Venture financing in Asia: Overview
Venture financing overview: China and India

Module 2: The Basics of Venture Capital

Basics of venture capital: How is venture capital organised?
Valuation basics: Risk capital vs normal capital
How do VCs make money?

Module 3: Estimating the Value of an Opportunity

Ideas and opportunities. How to create and sustain competitive advantage?
Porter's Five Forces analysis
How do start-ups identify opportunities?

Module 4: Valuation and Deal Flow

Deal sourcing, deal flow and stakeholder management
Due diligence: Team evaluation parameters, technology and industry due diligence

Module 5: Investment Management

Thesis-based investment strategy execution
Deal structuring and ownership economics
Portfolio management and asset diversification
Economics of multiple financing rounds

Module 6: Public Offerings and Indian Regulations

IPOs, M&A and other listing events
Exits via mergers and acquisitions
Strategies to navigate two situations of exit
Listings, mergers, and acquisitions in India: Rules and laws

Modules,sub-modules & capstone are indicative only, and the suggested time and sequence may be dropped,
modified or adapted to fit the total programme hours.
Module 7: Impact of Technology in Investment Management
Impact of technology and social media in investment management and due diligence
Predictive data analysis in investment management
Use of technology in portfolio management, fund compliance process

Module 8: Alternatives to VC and How VC Fares Relative to Those

Alternatives
Alternatives to venture capital: Corporate venture capital and crowdfunding
Fundraising regulations for start-ups and SMEs: India
Global crowdfunding trends

Module 9: Advise on Managing Growth

The economics behind multiple rounds of financing in high valuation
Companies and how they affect VC’s upside
How to advice start-ups on business models

Module 10: Exit Strategies

Exit strategies, exit modes and exit trends in India
Valuation of start-ups in the exit process and valuation metrics
Scale and scope economies

Pillar II: Private Equity

Module 11: Introduction to Private Equity

Introduction to private equity
Key stakeholders in PE and their roles
Corporate structure of a private equity firm
Types of private equity buyouts: LBO, PIPE & Growth Equity Deals

Module 12: Private Equity Industry Trends

PE industry trends
State of the PE industry in India

Module 13: Emerging Trend - Disruption in Private Equity

What is deal syndication? Role of corporate partners in syndication deals
Buy and Build Strategy. Role of corporate partners in add-on deals
ESG and responsible investing
Target valuation and pricing

Modules,sub-modules & capstone are indicative only, and the suggested time and sequence may be dropped,
modified or adapted to fit the total programme hours.
Module 14: Human Capital in Private Equity and Exit Strategies
Role of human capital in the private equity industry
Exit strategies
Sponsor-to-sponsor transactions
Some exit trends in India

Pillar III: Leadership

Module 15: Leadership through Disruption

The dynamics of disruption
Key leadership behaviours
Characteristics of successful leaders

Module 16: Executive Presence and Communication

Mastering networks
Executive presence and building a personal brand​
Influence, persuasion and negotiation

Module 17: Mastering Team Dynamics and Innovation Culture

Group dynamics
Execution loop and rules of execution
Nurturing innovation: Behavioural enablers
Venture capital dynamics: Improving communication, decision-making, and innovation

Module 18: Ethics and Governance

Definition of ethics and governance
Corporate governance in portfolio companies
ESG considerations
Ethical challenges in deal making

Module 19: Leadership and Talent Strategy

Leadership and entrepreneurship
Building a team, developing in-house talent and retaining talent and career path for new
talent, portfolio company talent strategy and VC/PE talent strategy
 Sample Case Studies
Zomato
The Indian online food delivery giant failed to file a red herring prospectus ahead of its IPO, this
lead to a court case and downfall of the most anticipated shares in the market.

WeWork
Governance concerns raised doubts about the company's ability to make decisions in the best
interest of shareholders and faced scrutiny over its financial & business model. The
amendments revealed substantial losses, governance issues, and other concerns,
exacerbating the existing skepticism among investors.

Tylenol
In September 1982, seven people in the Chicago area died after consuming Extra-Strength
Tylenol capsules that had been tampered with and laced with cyanide. The tampering occurred
after the products had reached store shelves, making it a deliberate act of product tampering.
The case study will highlight the significant crisis management.

Johnson & Johnson

Starting in the early 2000s, individuals began filing lawsuits against Johnson & Johnson,
claiming that using their talc-based baby powder led to their development of ovarian cancer or
mesothelioma. Over the years, Johnson & Johnson has faced numerous lawsuits related to the
alleged cancer risks of their baby powder.

Note: *All product and company names are trademarks or registered trademarks of their respective holders. Use of them does
not imply any affiliation with or endorsement by them.
Certificate
Upon successfully completing the programme with a minimum 70%
score, you will be awarded a certificate by ISB Executive Education.

The Executive Education at the Indian School of Business awards this certificate to

Vinod Kurian

For successfully completing the online programme

Venture Capital and Private Equity

from December, 2023 to June, 2024

Sujatha Kumaraswamy
Executive Director
Executive Education and Digital Learning
Indian School of Business

Note: All certificate images are for illustrative purposes only and may be
subject to change at the discretion of ISB Executive Education.
Learning Journey

Orientation Week
The first week is orientation week. During this week you will be introduced to the
other participants in the class from across the world and you will learn how to use the
learning management system and other learning tools provided.

Weekly Goals
As you begin the programme, meet your
learning goals set for the week. The goals
would include completing the assignments,
which have weekly deadlines.

Self-Paced, Flexible Online Learning

Learn online via pre-recorded videos from renowned
ISB faculty in a high-impact 24-weeks journey with
a learning commitment of 4-5 hours/ week. Faculty will
not be a part of weekly live sessions or any other live
interaction in this programme.

Debrief Sessions
The programme features weekly live online sessions with
industry practitioners who are available to help you clarify
your doubts pertaining to the content. Assignments are
graded either by industry practitioners and/or by the
Emeritus grading team.

Timely Follow up and Learning Support

The Emeritus Programme Support team will follow up
over emails and phone calls with learners who are
unable to submit their assignments on time.
 The Wall Street Journal
Complimentary Annual WSJ Digital Membership

As a participant in the programme, you can enjoy a complimentary annual

digital membership to The Wall Street Journal, giving you unlimited access
to award-winning journalism across any device. From business and world
news, to technology and life and arts, WSJ provides ambitious and fact-
based reporting that readers can trust.
 Programme Details
Graduate/Diploma holder with minimum 5
ELIGIBILITY
years of work experience as on June 28, 2024.

DURATION 22 Weeks (4-5 hours a week)

PROGRAMME START DATE September 26, 2024

PROGRAMME FEE INR 4,50,000 + GST

Note: GST (currently @ 18%) will be charged extra on these components.

*Instalment payment options available.
*Additional convenience charges will be applicable on instalment payments.
*For detailed information on instalment payments reach out to your programme advisor
About

ISB Executive Education empowers participants with the skills, mindsets, and
networks required to manage and lead in this evolving landscape, enabling them
to achieve their distinct personal and professional goals. Recognised as #1 in
India for the third consecutive year and #26 globally in the Financial Times (FT)
Executive Education Custom Rankings 2024 and #3 in India, #65 globally in the
FT Executive Education Open Ranking 2023, ISB Executive Education is
committed to prepare working professionals to excel in the new global business
environment. This is achieved through fostering engaging exchanges between
renowned industry leaders and academia and drawing globally renowned faculty
from the world's top business schools. Through meticulously designed
programmes, participants gain from both advanced management research and
the vast experiences of their peers, ensuring they are well-equipped to navigate
the complexities of the modern business landscape.

ISB Executive Education is collaborating with an online education provider,

Emeritus, to offer a portfolio of high-impact online programmes. Working with
Emeritus gives ISB Executive Education the advantage of broadening its access
beyond their on-campus offerings in a collaborative and engaging format that
stays true to the quality of ISB Executive Education. Emeritus’ approach to
learning is built on a cohort-based design to maximise peer-to-peer sharing and
includes video lectures with world-class faculty and hands-on project-based
learning. More than 300,000 students from over 200 countries have benefitted
professionally from Emeritus’ programmes.
Easily schedule a call with a programme advisor from Emeritus
to learn more about this ISB Executive Education Programme.

SCHEDULE A CALL

WhatsApp an Advisor on +91 86570 38243*

*This number does not accept any calls. Please message your queries.

For registration and any other information,

please get in touch with us at [email protected]

APPLY NOW

In collaboration with

Erulearning Solutions Private Limited (a company incorporated in India) is a subsidiary of Eruditus Learning
Solutions Pte Ltd (a company incorporated in Singapore), and operates under the brand name of ‘Eruditus’
and ‘Emeritus’.