Skip to main content

Private Equity investments hits all-time high in 2017

$17.6 B invested in just the first 9 months of the year surpasses the previous full year high of $17.3 Billion recorded in the entire of 2015, Venture Intelligence data shows. SoftBank’s mega bets on Internet & Mobile companies accounts for 24% of total investment value


Private Equity firms invested about $17.6 Billion in Indian companies in just the first 9 months of 2017 - sailing past the previous high of $17.3 Billion recorded in CY 2015, data from Venture Intelligence, India’s longest serving research service focused on private company financials, transactions and their valuations, shows. The year has already recorded as many as 21 investments over $200 million in size in addition to 15 deals between $100 million and $200 million. The mega deals have been dominated by four sectors: Internet & Mobile; Infrastructure; IT Services & BPO and BFSI (Banking, Financial Services and Insurance).

Over $4 Billion of the investment value - 24% of the total - has been committed by just one investor: Japan-based SoftBank - $250 million in budget hotels aggregator Oyo; $1.4 Billion in mobile wallet leader Paytm and the whopping $2.5 Billion in e-commerce leader Flipkart.

The record breaking value figures have however been accompanied by a fall in terms of deal volumes, the Venture Intelligence analysis showed. The number of deals in the first nine months of 2017 (at 402) are 23% lower than that in the comparable period during the previous year (and 35% lower compared to the same period in 2015).

July - September Quarter


PE firms invested about $5.7 Billion across 106 deals during the quarter ended September 2017 - the second largest quarter ever, behind only Jan - Mar 2017 (which had recorded $6.4 Billion being invested across 163 transactions.)

The investment amount was 73% higher than that in Q3’16 (which had witnessed $3.3 Billion being invested across 153 transactions)and 5%higher than the immediate previous quarter (which saw a $5.4Billion across 133 transactions). The number of investments in July-September has been the lowest in 2017 - down 31% compared to the same period last year and down 20% compared to the immediate previous one. (Note: These figures include Venture Capital investments, but exclude PE investments in Real Estate.)

Q3’17 recorded as many as 13 investments above $100 million (compared to 10 in the same period last year). While SoftBank’s $2.5 Billion investment in Flipkart was the largest reported during the latest quarter, the next three largest investments during Q3’17 were accounted for by BFSI companies - Carlyle’s $300 million into SBI Cards; the $260 million raised by RBL Bank and the $240 million buyout of investor services firm Karvy Computershare by General Atlantic. 

Media Coverage

 
 
 

Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.

Popular posts from this blog

VC Interview: Shailendra Singh of Sequoia Capital India

In a recent interview to Venture Intelligence, Shailendra Singh discussed some of the firm’s newer investments in the early stage segment including in the online payments space, the progress at a few existing portfolio companies and the active role the firm is playing in helping its portfolio companies scale and succeed in India and globally. Prior to joining the firm in 2006, Singh was a strategy consultant at Bain & Company in New York and before that, an entrepreneur in the digital media industry.

Venture Intelligence: How does Sequoia go about identifying potential early stage investments in India? Is there anything different you are doing today than, say, a couple of years back?

Shailendra Singh: There is a lot more focus on technology investing and early stage investing. In general, as you might remember a few years ago, we were doing primarily growth investing but in the past 18-odd months, we have had a very strong focus on early stage and that’s continuing. In terms of how…

KPMG Tops League Table for Financial Advisor to Private Equity Transactions in H1 2018

The transaction advisory unit of KPMG claimed the top position in the Venture Intelligence League Table for Transaction Advisor to Private Equity deals in the first half of 2018, advising deals worth $1.7 Billion. KPMG acted as the financial advisor to NHAI in the $1.5 Billion investment by Macquarie to operate 9 highway projects under the toll-operate-transfer (TOT) model. Ernst &  Young (which advised the $730 million asset sale by Indiabulls Real Estate to Blackstone) and Kotak (which advised the Vishal Megamart - Partners Group deal) accounted for the second and third spots respectively.
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on value of PE and M&A transactions advised by Transaction and Legal Advisory firms.
Arpwood Capital (which advised the $760 million investment by Temasek in the $2.1 Billion Schneider Electric buyout of L&;T Electrical and Automation business) …

SAIF, Kedaara Capital bag 2 awards each at Venture Intelligence APEX’18 PE-VC Awards

Mumbai, India, March 6, 2013: Kedaara Capital and SAIF Partners bagged two awards each as part of the Venture Intelligence “Awards for Private Equity Excellence” (APEX)event organized by Venture Intelligence. SAIF Partners bagged the VC Exit of the Year – 2017 Award (for the part exit from Paytm/One97 Communications) and the New Fund Raise of the Year – Venture Capital - 2017 Award. Kedaara Capital won the Best Private Equity Firm – Special Situations – 2017 the New Fund Raise of the Year – Private Equity - 2017.
The event opened with a Fireside Chat with V Vaidyanathan, Founder & Executive Chairman, Capital First interviewed by Sesh A.V, Managing Director, Basiz Fund Services

Snapshots of the awards ceremony:

Sesh AV, Managing Director, Basiz Fund Services presents the Venture Capital Investment of the Year award to Ramesh Radhakrishnan, Partner, Artiman Ventures.

Nagaraja Prakasam, Board Member, Sattva Consulting presents the Impact Investor of the Year award to Varun Saini, Progr…