# ICICI Bank

> ICICI Bank is a VC fund in Mumbai backing Financial Services and FinTech. See 47 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 47
- Last investment: Apr 2026
- Lead investor: 45%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/icici-bank
- X (Twitter): http://twitter.com/ICICIBank_Care
- Website: http://www.icicibank.com
- Facebook: https://www.facebook.com/icicibank

ICICI Bank is a VC fund in Mumbai focused on Financial Services and FinTech. ICICI Bank operates as a private sector bank. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, life and non-life insurance, venture capital, and asset management.

## Contacts

5 contacts available for ICICI Bank. Shizune tracks 13 team members at ICICI Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/icici-bank?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 9 | 19% |
| FinTech | 5 | 11% |
| Information Technology | 5 | 11% |
| Finance | 4 | 9% |
| Internet | 3 | 6% |

64 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 11 | 23% |
| Funding Round | 7 | 15% |
| Corporate Round | 6 | 13% |
| Seed | 3 | 6% |
| Series A | 2 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 27 | 57% |
| Canada | 1 | 2% |
| United States | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Chanda Kochhar | Managing Director and Chief Executive Officer | 0 | https://shizune.co/investors/profile/chanda-kochhar |
| Rakesh Jha | Wholetime Director | 1 | https://shizune.co/investors/profile/rakesh-jha-55e5 |
| Sandeep Batra | President - Corporate Centre | 0 | https://shizune.co/investors/profile/sandeep-batra |
| Anirudh Kamani | Head of Rural and Inclusive Banking | 0 | https://shizune.co/investors/profile/anirudh-kamani |
| Anup Bagchi | Executive Director | 0 | https://shizune.co/investors/profile/anup-bagchi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sahamati Foundation | Sahamati is an industry alliance for the Account Aggregator Ecosystem. | $5.3M |  | Apr 28, 2026 |  |
| iCodex Publishing Solutions | iCodex Publishing Solutions is a software company that develops software products and cloud-based platforms that support scholarly and academic publishing, covering everything from manuscript submission, peer review, and editorial workflows to digital content distribution. It also offers business-process management services, including qualityassurance, editorial and backend support, as well as IT and infrastructure support for publishers and research institutions. | $1.2M | Post-IPO Debt | Apr 22, 2026 |  |
| Aseem Infrastructure Finance | Aseem Infrastructure Finance provides full bouquet of debt and related financial solutions to the infrastructure sector. |  | Private Equity | Apr 06, 2026 |  |
| Avante Spaces | Avante Spaces is a real estate development corporation that focuses on creative and sustainable commercial spaces. | $121.4M | Debt Financing | Mar 30, 2026 |  |
| Jindal Power | Jindal Power is a power company in India across the energy spectrum thermal, hydro, and renewable. JPL has been contributing significantly to the growing need for power in the country and its installed capacity is 3400 MW. JPL commissioned the first unit of its 4x250 MW thermal power plant in the Raigarh district of Chhattisgarh in 2007, becomingthe first private player in the country to set up an Independent Power Plant (IPP). Since then, this flagship has operated as a fully integrated power plant at an industry-leading Plant Load Factor (PLF) of 93% (average for last seven years). | $500M | Debt Financing | Feb 24, 2026 |  |
| Padcare Labs | PadCare is an unprecedented hygiene management solution that completes the loop of menstrual hygiene economy by generating harmless, recyclable output out of soiled pads. |  | Debt Financing | Feb 10, 2026 |  |
| Numaligarh Refinery | Numaligarh Refinery is an oil company that produces oil products and operates a 3 MMTPA refinery. The company's product range consists of LPG, Naphtha, Motor Spirit (MS), Aviation Turbine Fuel (ATF) Superior Kerosene Oil (SKO) High-Speed Diesel (HSD), Raw Petroleum Coke (RPC) Calcined Petroleum Coke (CPC), Sulphur, Wax, Nitrogen, MineralTurpentine Oil (MTO), Special Boiling Point Spirit (SBPS), and Liquid Sulphur. | $1.2B | Debt Financing | Nov 13, 2025 |  |
| Awfis Space Solution | Awfis is the new office that is redefining the way work gets done in the current business environment, by providing the ecosystem of workspaces for the Small Medium Individual Local Entrepreneurs (S.M.I.L.E. ™). Its inspiring and new age workspaces are available anytime, anywhere, without any long term commitment. The Pro-working spaces deliverhigh Performance, are located in your immediate Proximity and provide an ecosystem of People driven community.Awfis technology platform enables users to book work-desks, private cabins, meeting rooms, business centers across India on a just in time basis, for a flexible period ranging from 1 hour to 1 year. Awfis has partnered with leading hotel chains, banks and commercial space owners and aggregated a wide network of high quality meeting rooms, which can be booked through easy to use web/mobile app. | $9.4M | Post-IPO Debt | Jun 02, 2025 |  |
| Vertis Infrastructure Trust | Vertis Infrastructure Trust is an Infrastructure Investment Trust (InvIT) focused on the transportation sector. | $949.6M | Debt Financing | Feb 19, 2025 |  |
| Synthimed Labs | Synthimed Labs aims to be a world-class pharmaceutical leader with high-quality products and advanced technology to enhance global health. | $130.4M | Debt Financing | Nov 26, 2024 |  |

10 of 47 investments shown.

## Co-investors
- [HDFC Bank](https://shizune.co/investors/profile/hdfc-bank) — VC Fund, 11 deals together
- [Axis Bank](https://shizune.co/investors/profile/axis-bank) — VC Fund, 7 deals together
- [State Bank of India](https://shizune.co/investors/profile/state-bank-of-india) — VC Fund, 5 deals together
- [Punjab National Bank](https://shizune.co/investors/profile/punjab-nationalbank) — VC Fund, 4 deals together
- [Union Bank of India](https://shizune.co/investors/profile/union-bank-of-india) — VC Fund, 4 deals together
- [Alteria Capital](https://shizune.co/investors/profile/alteria-capital) — VC Fund, 3 deals together

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## FAQ

### What does ICICI Bank invest in?

ICICI Bank invests primarily in Financial Services, FinTech and Information Technology startups, most often at Debt Financing and Funding Round stage. Most of the 47 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact ICICI Bank?

Public channels for ICICI Bank include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at ICICI Bank?

The team at ICICI Bank includes Chanda Kochhar (Managing Director and Chief Executive Officer), Rakesh Jha (Wholetime Director) and Sandeep Batra (President - Corporate Centre), among 13 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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