Ivycap Ventures has confirmed the appointment of Lipika Rajpal, making an addition to their senior level investment team. Lipika has joined as a Senior Investment Professional and will be providing strategic muscle to potential startups.
Lipika has nine years of experience in Private Equity investing, investment banking and has worked with CX Partners, an India focussed Private Equity fund, the Royal Bank of Scotland and SBI Capital Markets. In her last role, she was a part of the Investment Team of the CX Intermediate Capital Fund. Her investing experience spans sectors such as pharma, healthcare, infrastructure, education, auto etc.
Prior to CX Partners, Lipika worked with SBI Capital Markets where she focused on arranging project finance of over $6 billion for large corporations in the oil and gas and chemicals sector. She has also worked as a portfolio manager with the Royal Bank of Scotland (erstwhile ABN Amro Bank), where she underwrote local and foreign currency financing of over $10 billion for companies across sectors such as FMCG, metals and mining.
Lipika earned her MBA from SP Jain Institute of Management & Research, Mumbai, and has a Bachelors of Commerce from Christ College, Bangalore.
Commenting on the appointment, Vikram Gupta, CEO & Managing Partner of IvyCap Ventures said, “It is a pleasure to have Lipika on board with us, and she brings along a wealth of practical experience that will be beneficial not only to our portfolio companies, but also to the potential new startups. We are looking forward to working with her. “
The latest hire by IvyCap Ventures comes at a time when the sector-agnostic, early-to-mid-stage investment firm is in the process of raising its second fund – IvyCap Trust Fund-II – while also actively investing out of the same.