ICICI Bank disclosed on May 8, 2025, that ICICI Prudential Asset Management Company (IPru AMC) and ICICI Venture Funds (I-Ven) approved a proposal to transfer I-Ven's private equity and real estate fund management business to IPru AMC, aiming to enhance investment offerings. The transaction, subject to regulatory approvals, is not expected to materially impact IPru AMC's financials.