An Economic Times article by Biswarup Gupta uses Venture Intelligence data on the growing acquisitions of startups due to the funding slowdown and what the ecosystem can expect in the coming financial year.
1. On demand hyperlocal services, fin-tech ventures (e.g. wallet companies), and OTAs are touted as prime targets. (Want a list? mail us)
2. More consolidation this year - Aashish Bhinde, Avendus Capital.
3. Flipkart & Snapdeal to continue their pace of acquisitions in FY2017.
4. Common investors tend to catalyze the situation (acquisition/merger) - Sameer Sood, Credit Suisse
5. Acquisitions will be more via stock in order to reduce cash outgo - Navroz Mahudawala, Candle Partners
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.
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Other Trends:In the fiscal year ended March 31, the number of mergers and acquisitions involving technology startups more than doubled to 146 transactions from 69 in 2014-15, according to (deals) data tracker Venture Intelligence.
1. On demand hyperlocal services, fin-tech ventures (e.g. wallet companies), and OTAs are touted as prime targets. (Want a list? mail us)
2. More consolidation this year - Aashish Bhinde, Avendus Capital.
3. Flipkart & Snapdeal to continue their pace of acquisitions in FY2017.
4. Common investors tend to catalyze the situation (acquisition/merger) - Sameer Sood, Credit Suisse
5. Acquisitions will be more via stock in order to reduce cash outgo - Navroz Mahudawala, Candle Partners
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.
Click Here to Sign Up for the FREE Weekly Edition of the Deal Digest: India's First & Most Exhaustive Transactions Newsletter.