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Rainy-day Woman: Vishakha Mulye

Eighteen months ago, Vishakha Mulye was parachuted from ICICI's general insurance subsidiary to take charge of the group's venture capital arm when a mini crisis erupted after the abrupt exit of Renuka Ramnath.

Print Edition: Nov 28, 2010

Vishakha Mulye
41, MD & CEO, ICICI Venture Funds
(Number of times in BT's Most Powerful list: 3)

Biggest achievement in 2010: Launched a $1-billion infrastructure fund and mobilised $400 million in a new PE fund

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Eighteen months ago, Vishakha Mulye was parachuted from ICICI's general insurance subsidiary to take charge of the group's venture capital arm when a mini crisis erupted after the abrupt exit of Renuka Ramnath. It was not easy for the 41-year-old, as resignations flew on to her table in the initial days at ICICI Venture.

In October last year, she raised $400 million in difficult market conditions. A year later, she was at it again, this time launching a $1 billion infrastructure fund. She has commitments of $100 million in the bag. "We will start international road shows soon," says a beaming Mulye.
-Anand Adhikari


The 30 Most Powerful Women
1.Schauna Chauhan
2.Zarin Daruwala
3.Lynn de Souza
4.Tanya Dubash
5.Shyamala Gopinath
6.Vinita Gupta
7.Kaku Nakhate
8.Vedika Bhandarkar
9.Manisha Girotra
10.Lalita Gupte
11.Usha Narayanan
12.Akhila Srinivasan
13.Leena Nair
14.Vinita Bali
15.Chanda Kochhar
16.Roopa Kudva
17.Naina Lal Kidwai
18.Kiran Mazumdar-Shaw
19.Zarina Mehta
20.Zia Mody
21.Kalpana Morparia
22.Vishakha Mulye
23.Swati Piramal
24.Meher Pudumjee
25.Madhabi Puri Buch
26.Chitra Ramkrishna
27.Preetha Reddy
28.Shikha Sharma
29.Mallika Srinivasan
30.Sangeeta Talwar

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