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Showing posts from May, 2017

Forget Silicon Valley, this is the red-hot market US start-ups are flocking to: CNBC

In a special report for CNBC.com, Joel Dreyfuss leverages Venture Intelligence VC Deal Data to explain " Why many US start-ups are trying to crack the Indian marketplace ". Extract: "A number of big players have tackled the Indian market. Currently, online retailer Amazon is engaged in an epic battle with Flipkart, an Indian start-up that raised $1.4 billion in its last venture round in April. Ride-hailing service Uber is chasing India's Ola after giving up a solo bid in China and merging its assets there with rival Didi Chuxing. The Indian market is far more open than China," says Arun Natarajan, CEO of Chennai-based Venture Intelligence, which tracks private equity and venture investment in the Indian market. "Companies from the U.S. and elsewhere don't have to do joint ventures to come in here." .....India has its own expanding venture capital market. Venture Intelligence, which tracks VC investments in India (defined as $20 million or ...

Chinese, US tech companies re-energise Indian startups - Times of India

Times of India has an article showing how 2017 is seeing Strategic Investors replacing Hedge Funds  (the stars of 2015) as the key investors in Indian startups. Extract: Funding led by corporates rose to $1.6 billion in the first four months of 2017, from just $510 million in the whole of last year, as per estimates by startup research firm Venture Intelligence. On the other hand, funding led by hedge funds peaked at $2 billion 2015, came down to $432 million last year and was $116 million in the first four months of this year. There is a similar drop in participation of family offices, pension funds and sovereign wealth funds. 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.

Attractive Economics of Ace2three.com

VC investor Matrix Partners recoups investment amount just via an year's dividend! Last month, when Canadian Private Equity investor Clairvest acquired a majority stake in online rummy focused gaming service Ace2three.com, Economic Times reported how the deal fetched Matrix Partners India an over 20 times return on its seven year old investment.  Financials of Head Infotech Pvt Ltd, the Hyderabad-based company that operates Ace2three.com, available in  Venture Intelligence's Private Company Financials (CFS) database , show the company made a Net Profit of over INR 62 Cr on a top line of about INR 169 Cr in FY16. The company has been maintaining this level of profitability - ie, 35% margins - for over five years now, even as it has grown rapidly (5 year CAGR of 80%)! In fact, as recorded in the Venture Intelligence PE-VC Exit Deals Database , Matrix Partners realized its investment amount - of INR 7 crore made in 2010 - just via the dividend it received ...

Dalal Street rally cheers PEs looking to exit - Economic Times

An Economic Times article, leveraging Venture Intelligence data, shows how PE-backed IPOs have fared in the recent stock market rally. Extract: According to data from PE and M&A data provider Venture Intelligence, 30 PE-backed companies listed on the bourses in the past two years — 16 in 2016-17 and 14 in FY16. Before that, only five, one and seven PE-backed companies listed during FY13, FY14 and FY15.   Some of the top PE-backed companies that hit Dalal Street and gave their investors an exit include Bharti Infratel, Equitas Holdings, Laurus Labs, Bombay Stock Exchange, RBL Bank, Endurance Technologies, Ujjivan Financial Services, Parag Milk, Care Rating and Healthcare Global. These ten firms together have given $927 million, or about Rs 5,963 crore, of returns to their investors so far.  Some investors continue to hold positions in a few of these companies while others have partially cashed out, Venture Intelligence data showed. In the past five years, PE invest...

VC Investments Fall to 22 Month Low in April

VC investments in April – at $125 million across 31 investments - marked a 22 month low in value terms. While the value of investments was down 20% compared to the same period last year, volume (or number of investments) was down by 6%. Compared to the previous month, value of investments was down by as much as 80% and volume fell by 18.4%. (Venture Capital is defined by Venture Intelligence as Seed Capital to “Series D”/Fourth round of investment of up to $20 million in companies that are less than 10 years old. The monthly analysis includes investments of over $20-M as well in tech startups that are less than 10 years old.) April reported just 3 deals above $10M plus bracket compared to 11 deals in the previous month Series A witnesses uptick amidst gloomy April Venture Capital funds invested across 17 Series A deals up from 14 deals in the previous month. All other rounds were either flat or down. Angel activity remains at low ebb.  Angel i...

PE-backed IPO Analysis: S.Chand

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.