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Showing posts from June, 2017

Paytm Karo! VC Exits harvest over $1-B in first half of 2017

2017 is on track to becoming the best year ever for Venture Capital exits in India. Thanks to mega cash exits worth $650 million from One 97 Communications (the parent company of mobile wallet service Paytm), VC investors have harvested over $1 billion via exits during the first six months of the year, data from the Venture Intelligence VC Deals Database shows. The VC exit figures for H1'17 is comparable to the record highs in the first half of 2015 (which had witnessed large exits from companies like FreeCharge and TaxiForSure). Unlike the mega exits of 2015, which involved large stock swap components, the larger exits of 2017 are actual cash realizations. SAIF Partners and Saama Capital, who first invested in One 97 / Paytm a decade ago, sold their stakes to the company's new investors (SoftBank and Alibaba Group respectively) to realize returns of 26 times and 75 times their invested capital respectively, the Venture Intelligence analysis shows. Matrix P...

Sanjiv Kaul continues multi-bagger pharma returns with Eris' IPO

A Business Standard article titled  Sanjiv Kaul continues multi-bagger pharma returns with Eris' IPO , quotes Venture Intelligence data on ChrysCapital's exits in the pharmaceuticals space: In 2015, Chrys Capital exited Mankind Pharma in a secondary deal worth $203 million to Capital International, getting 13 times return made on $24 million investment done in 2007. A year prior to that it made over 17 times return by partially selling its investment in Ahmedabad-based Intas Pharmaceuticals for $131 million to Temasek Holdings. It made another exit from Intas this year at a return multiple of 4.6 times in a $106 million secondary deal to a bunch of buyers including Capital International. It had invested in Intas first in 2005 for $12 million and then had followed up with $57 million in 2012. Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) ...

How did VC investors in Tejas Networks fare in the IPO?

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.

For VC exits, it's a glass half full - Economic Times

Economic Times , leveraging Venture Intelligence Venture Capital data , talks about how the recent share sales in India's Internet giants like Flipkart and Paytm have provided a breather to VC firms.   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.

Worst over, funding crunch eases for start-ups - Business Standard

Business Standard , based on  Venture Intelligence VC Funding data  and interviews with several entrepreneurs in the thick of funding raising, signals the end of the startup funding crunch. Extract: Between April and May 2017, start-ups raised $538 million from 138 venture capital deals, marginally lower than the $565 million they raised from 200 deals during the same period in 2016. Money raised between April and May 2017 is almost similar to the money raised during the same period in 2014 ($536 million), and more than the money raised in 2013 ($416 million) and 2012 ($314 million). Start-ups raised $703 million in 2015 from 193 deals, according to data research firm Venture Intelligence. ...Suchi Mukherjee, founder and chief executive officer (CEO), Limeroad, says there is a definite movement in Series-A and B territory and in very large deal sizes, but  the market continues to be shallow in mid levels. ‘‘Those who were earlier playing at these stages continue...

Mobile Money in India: Does Digitalization Follow Demonetization? - K@W

Knowledge@Wharton quotes Venture Intelligence PE/VC Investments data as part of an article on the growth of mobile payments in India. Extract: Venture Intelligence, which tracks private company financials, transactions (private equity, venture capital and M&A) and their valuations in India, says that its data shows that between 2013 and 2017, One97 Communications (Paytm’s parent company) got $360 million in funding. FreeCharge received $113 million, and MobiKwik $75 million. There were six deals in 2013; 11 in 2014; 24 in 2015; and six in 2016. The deal amounts — $14 million, $127 million, $251 million and $369 million for the four years respectively – show that the individual ticket sizes are getting larger. “Mobile payment was a key area of interest to PE-VC investors in India even before demonetization. By making adoption of digital payments much more widely accepted, demonetization has only made the sector more attractive,” says Arun Natarajan, founder of Venture Inte...