Press Release
Private Equity and Venture Capital firms invested $10.1 Billion (across 167 deals) during the quarter ended September 2019, according to data from Venture Intelligence, a research service focused on private company financials, transactions and their valuations. The investment value was boosted by Brookfield's $3.7 Billion investment in Reliance Tower Infrastructure Trust. The investment value increased 6% compared to the $9.5 Billion (across 218 transactions) recorded in the same period in 2018 and 62% higher than the immediate previous quarter (which had witnessed $6.2 Billion being invested across 211 transactions). (Note: These figures include Venture Capital investments, but exclude PE investments in Real Estate).
Including investments in the latest quarter, 2019 has recorded $26.5 Billion (across 583 investments) compared to $27.3 Billion (across 644 investments) in the same period in 2018.
The latest quarter witnessed 19 PE investments worth $100 million or more compared to 18 such transactions in the same period last year.
The second largest investment reported during Q3’19 was Baring Asia's $880 million buyout of healthcare IT company CitiusTech. The third largest investment was a $414 million investment led by Lightspeed Ventures, DST Global and Altimeter Capital in B2B e-commerce company Udaan.
Telecom stood first with the investment in Reliance Towers, followed by IT & ITeS attracting $3.4 Billion across 104 transactions.
BFSI (Banking, Financial Services and Insurance) companies stood third attracting $845 million (across 17 PE investments). Education companies came in fourth with $574 million.
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.