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Showing posts from December, 2022

PE-VC investments fall 29% in 2022 to $46 Billion

Press Release: Private Equity - Venture Capital (PE-VC) firms investments in India fell by 29% in 2022 compared to the record highs of 2021. PE-VC firms invested $46 Billion (across 1,261 deals) in Indian companies in 2022, compared to $65 Billion (across 1,362 deals) in the previous year, reports  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). India minted a total of 21 " Unicorn"  companies (VC-funded startups valued at $1 Billion or more) in 2022, 18 of them during the first six months of 2022 and less than half the 44 Unicorns minted in 2021. In fact, the final quarter of 2022 did not see any new unicorns being created. SaaS companies accounted for 29% of all the new unicorns in 2022...

Legal Capsule: Lex Counsel

A Dive Into The Digital Personal Data Protection Bill, 2022 Introduction After the withdrawal of the earlier Personal Data Protection Bill, 2019 (“PDP Bill”), the Ministry of Electronics and Information Technology has released a new Digital Personal Data Protection Bill, 2022 (“DPDP Bill”), which adopts a more simplified approach to handling ‘personal data’ in comparison to its predecessor. The DPDP Bill covers several key principles pertaining to lawful usage of personal data, limitation on collection of personal data, data minimisation, data storage and accountability of the person processing personal data. Key Provisions of the DPDP Bill and our Analysis The focus of this article is to discuss and analyse some of the key aspects of the DPDP Bill and critically analyse any areas of concern: Scope and Application : The DPDP Bill applies to ‘personal data’ (i.e., any data about an individual who is identifiable by or in relation to such data) which is processed digitally, including the...

PE-VC investments rise 35% month-on-month to $3.5 Billion in Nov; Exit value jumps 2.7x

PE-VC investments rise 35% month-on-month to $3.5 Billion in Nov; Exit value jumps 2.7x Private Equity-Venture Capital (PE-VC) firms invested $3.5 Billion (across 84 transactions) in Indian companies during the Month of November 2022- registering an almost 35% uptick compared to the immediate previous month (which saw $2.6 Billion being invested across 76 deals), shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). The investment amount in November 2022 represents a 28% decline from the same period in 2021 (which saw $4.9 Billion being invested across 105 deals).   The latest monthly figures takes the total PE-VC investments during 2022 to $44 Billion (across 1,191  deals) - down 32% compared to $64.8 Billion (across 1,356 deals) in the same period in 2021. ...