Investment Team

Vijay Angadi (47), Managing Director Based in Bangalore, India.

Successful track record of investing and building companies over 20 years. He manages NovaStar Funds: small cap investments: 2002 to 2007: have generated 30% IRR.

He is Director US VC fund, ICF Ventures.  The fund has large ownership position in several companies. as founding member of ICICI Ventures, India's first venture fund: 1989 to 1996. He lectures widely on technology, innovation and building companies. He serves on the Governing Board of Strategic Management Forum of India.

Giri Reddy, Investment Manager

He is a CA, B.Com, Dip, IT. He has seven years of experience in investing in small cap companies.

The core investment is supported by Investment Analysts and wide network of outside industry experts.

Investment Process

The Novastar International Fund invests in small and mid cap companies that satisfy the following key criteria:

·         High quality ethical management

·         Differentiated products and services

·         Large emerging market

·         Profitable operations

·         Well funded significant expansion underway

·         Potential for revenues and net income to ramp up significantly over a three year period

·         Potential for following events over a three year period:

o        PIPE funding

o        Strategic investment/Corporate acquisition

o        Significant revenue/net income growth through rapid organic and inorganic growth

o        Re rating of PE due to greater visibility of company, its earnings and greater investor participation