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.

PE-VC Investments in India
Period	No. of Deals	Amount ($B)
2022 YTD*	1,191	44.1
2021	1,356	64.8
Nov-2022	84	3.5
Oct-2022	76	2.6
Nov-2021	105	4.9
* As of end Nov 2022		Source: Venture Intelligence

Mega Deals

November witnessed 6 PE investments worth $100 million or more, compared to 7 mega deals in the previous month and 10 such transactions in November 2021.

Mega PE-VC Deals ($100M+ Deals)
Month	No. of Deals	Amount ($B)
Nov-2022	6	2.3
Oct-2022	7	1.8
Nov-2021	10	3.8
		Source: Venture Intelligence

Top PE-VC Investments in India during November 2022
Company	Sector	Investor	Amount ($M)
Eastern Peripheral Expressway	Infrastructure (Roads)	CDPQ	770
Serentica Renewables	Renewable Power Projects (Wind, Solar)	KKR	400
ReNew Power	Renewable Power Projects (Wind, Solar)	CPPIB	400
R Systems	IT Services	Blackstone	359
Table Space	Co-Working Space	Hillhouse Capital	300
		Source: Venture Intelligence

Exits Witness Uptick

PE-VC firms harvested $2.5 Billion across 25 Deals during November 2022- up about 2.7x compared to the immediate previous month (which saw 15 deals worth $0.9 Billion). The exit value was however 36% lower compared to November 2021 (which saw 19 deals worth $3.9 Billion).

The latest month takes the total PE-VC exits during 2022 to $16.3 Billion (across 204 deals) - down 55% compared to $36.9 Billion (across 283 deals ) in the same period in 2021.

PE-VC Exits in India
Period	No. of Deals	Amount ($B)
2022 YTD*	204	16.3
2021	283	36.9
Nov-2022	25	2.5
Oct-2022	15	0.9
Nov-2021	19	3.9
		Source: Venture Intelligence

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 more details, login to the Venture Intelligence PE-VC Deals database or Email your Contact Coordinates to sales@vrentureintelligence.com to set up a trial.

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.

PE-VC investments decline 8% to $6.2 B in Q1'24

Press Release: Private Equity - Venture Capital (PE-VC) firms invested over $6.2 Billion (across 205 deals) in Indian companies during the first three months of 2024, 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 represents a 8% fall over the $6.7 Billion (across 242 deals) invested in the same period during 2023 and also down by 6% when compared to the immediate previous quarter (which witnessed $6.6 Billion being invested across 200 deals). Deal volumes in Q1'24 also declined 15% compared to Q1'23 and were up by 3% compared to the immediate previous quarter. Q1’24 witnessed 8 mega deals ($100 M+ rounds) worth $3.5 Billion, compared to 17 such investments (worth $3.6 Billion) in Q1’23 and 15 such deals (worth $4.1 Billion) in the immediate previous quarter....

Avendus tops League Table for Transaction Advisors to PE deals in H1'24

Citi and Ambit claim the No.2&3 slots Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in H1’2024 advising 12 deals worth $2.4 Billion. Citi stood second, having advised 1 deal worth $2 Billion. Ambit followed with 7 deals worth $797 million. Kotak Mahindra Capital ($735 million across 2 deals) and Ernst & Young ($657 million across 7 deals) completed the top five for H1’ 2024. The Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the larger deals in the latest quarter, Citi, KPMG , Ernst & Young advised $2 Billion acquisition of the Indian business of American Tower Corporation by Brookfield . Avendus, Ernst & Young, JM Financial, Barclays and KPMG advised $ 554 million acquisition of Shriram Housing Finance by Warb...

AZB tops League Table for Legal Advisors to PE deals in H1’24

Trilegal and Khaitan & Co. claim the No.2 & No.3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions in H1 2024 advising 41 deals worth $5.4 Billion. It was followed by Trilegal ($5.1 Billion across 54 deals) and Khaitan & Co. (4.8 Billion across 46 deals) in the second and third spot respectively. Cyril Amarchand Mangaldas (CAM) ($2.9 Billion across 34 deals) and Talwar Thakore & Associates ($2.4 Billion across 9 deals) completed the top five. Among the larger Private Equity deals during H1’2024, Khaitan & Co., Talwar Thakore & Associates, S&R Associates ,and Trilegal a dvised the $2 Billion acquisition of the Indian business of American Tower Corporation by Brookfield which was the largest PE-VC investment in 2024 . AZB advised the $900 Million acquisition of Altimetrik by TPG Capital and the $840 Million acquisition of Healthium Medtech by KKR . Resolut Partners , Khaitan & ...

Citi tops League Table for Transaction Advisors to M&A deals in H1'24

Ernst & Young and Avendus claim the No.2 & No.3 slots Citi , which advised the $2 Billion acquisition of the Indian business of American Tower Corporation by Brookfield, topped the Venture Intelligence League Table for Transaction Advisors to M&A Deals during H1 2024. Ernst & Young stood second advising 8 deals worth $1.5 billion. Avendus followed with 7 deals worth $1.2 billion. KPMG ($1.1 billion across 5 deals) and JM Financial ($900 million across 4 deals) completed the top five. The Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the other larger M&A deals in H1 2024 (other than the ATC-Brookfield deal) , Ernst & Young, KPMG and Deloitte advised $1.1 Billion acquisition in PNC Infratech 12 Road Projects by Highways Infrastructure Tr...

AZB & Partners tops League Table for Legal Advisors to M&A deals in H1’24

Khaitan & Co. and J Sagar Associates claim the No.2 & No.3 slots AZB & Partners topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions during H1 2024 advising 37 deals worth $14.8 Billion. It was followed by Khaitan & Co. ($12.8 Billion across 32 deals) and J Sagar Associates (JSA) ($9.8 Billion across 13 deals). Cyril Amarchand Mangaldas (CAM) ($6.2 Billion across 38 deals) and Trilegal ($4.8 Billion across 20 deals) completed the top five. Among the largest M&A deals during H1 2024, AZB, JSA and Khaitan & Co. advised $8.5 Billion acquisition of Disney Hotstar by Reliance Jio . S&R Associates , Talwar Thakore & Associates (TTA), Khaitan & Co. and Trilegal advised the $2 Billion buyout deal of ATC India by Canadian infrastructure investor Brookfield Asset Management . CAM advised the $1.3 Billion in the acquisition of a further stake in Ambuja Cement by Adani Enterprises . Among fo...

The Venture Intelligence Blog

Search This Blog