Poonam Garg

Poonam Garg is associated with IFCI Venture Capital Funds Ltd., the venture capital subsidiary of IFCI Ltd. Her LinkedIn profile describes 30 years of experience in VC/PE funding and notes involvement in the floatation of seven SEBI-registered funds from 2008 onward. LinkedIn lists her location as Delhi, India, and her firm as IFCI Venture Capital Funds Ltd.

A Delhi High Court judgment dated September 27, 2019 states that Garg joined IFCI Venture Capital Funds Ltd. on January 6, 1995 as a Staff Officer and was promoted over time, finally becoming General Manager (Human Resources) effective April 1, 2015. The same judgment records that she had completed more than 24 years of service at the company by June 2019.

MarketScreener lists Garg as having previously served as General Manager at IFCI Venture Capital Funds Ltd. and Assistant General Manager at IFCI Ltd. It also lists her as an Associate Member of The Institute of Cost & Works Accountants of India, with an undergraduate degree from the University of Delhi and an MBA from Sikkim Manipal University. MarketScreener also identifies board roles connected to IFCI Venture portfolio or investee companies, including De Core Science & Technologies Ltd., De Core Nanosemiconductors Ltd., Amrit Jal Ventures Pvt. Ltd., and prior directorships at Ganesha Ecosphere Ltd., Shakti Pumps (India) Ltd., Titan Energy Systems Ltd., Shree Pushkar Chemicals & Fertilisers Ltd., and Sharon Solutions Ltd.

IFCI Venture itself was originally set up in 1975 to broaden entrepreneurship in India by providing risk capital, especially to first-generation entrepreneurs. As of IFCI Ltd.’s June 18, 2026 update, IFCI Venture manages four SEBI-registered PE/AIF schemes with aggregate corpus of Rs. 987.83 crore: VCF-SC, ASIIM under VCF-SC, VCF-BC, SAGE, and VCF-ST.

• IFCI Venture says it evaluates investments using parameters designed to judge “the sustainability and profitability of a project” and the likelihood of timely returns.
• Its investment process starts with preliminary discussions with promoters, followed by submission of a business plan, due diligence / investment appraisal, and investment decision or further direction.
• IFCI Venture’s post-investment model is relationship-oriented: the firm says its objective is to create value through a long-term relationship with entrepreneurs while staying active without interfering in day-to-day affairs.
• Post-investment value-add includes upgrading management systems, formulating and implementing growth strategies, marketing tie-ups, technology upgrades, advisory services, and helping investee companies syndicate investment from other investors.
• The firm has a long history of backing Indian industrial and development-oriented businesses, including more than 400 ventures across India and diversified sectors.
• Current government-backed funds under IFCI Venture are development-oriented and focus on entrepreneurship among Scheduled Castes, Backward Classes, Scheduled Tribes, senior-care businesses, startups, and companies creating assets and livelihoods.