Private Equity-Venture Capital (PE-VC) funds invested $6 Billion (across 139 deals) in India-based companies during the quarter ended September 2023 (Q3'23), shows data from Venture Intelligence , a research service focused on private company financials, transactions, and their valuations . This represents a 15% decline compared to the same period in 2022 (which saw $7 Billion being invested across 327 deals) . The investment amount also dipped 49% compared to the immediate previous quarter (which saw $11.7 Billion being invested across 202 deals). The PE-VC investment figures for the first 9 months of 2023 - at $23.6 Billion (across 542 deals) came in 38% lower compared to the same period in 2022 (which saw $38.1 Billion b
Shardul Amarchand Mangaldas and Cyril Amarchand Mangaldas claim the No.2 & No.3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions by value during H1 2023. AZB advised 29 M&A deals worth $5.7 Billion. It was followed by Shardul Amarchand Mangaldas (SAM) ($5.4 Billion across 22 deals) and Cyril Amarchand Mangaldas (CAM) ($5.2 Billion across 35 deals) in the second and third spots respectively. Trilegal ($4.6 Billion across 28 deals) took the fourth spot with J Sagar Associates (JSA) ($3.5 Billion across 6 deals) completing the top five. Among the larger M&A deals during H1 2023, Trilegal, JSA, AZB and Milbank advised the Singapore government-owned Temasek Holdings in acquiring a 41% stake in Manipal Hospitals for $2 Billion . AZB, Wadia Ghandy , JSA and SAM advised the $1.1 Billion acquisition of HDFC Credila by Baring Asia and ChrysCapital . Anagram Partners, Gornitzky & Co, Freshfields Bruckh