The Venture Intelligence Blog

Jefferies & Co. and ICICI Securities claim the No.2&3 slot Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions for H1 2023 advising 10 deals worth $1.46 Billion. Jefferies & Co. stood second having advised the $1.1 Billion HDFC Credila deal. ICICI Securities followed with 6 deals worth $449 million. Ernst & Young ($408 million across 7 deals) and Aeka Advisors ($228 million across 3 deals) completed the top five for H1 2023. 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, Jefferies & Co., Ernst & Young, Arpwood Capital acted as advisors to the $1.1 Billion buyout of HDFC Credila by consortium of private equity firms, including BPEA EQT and ChrysCapital. Ernst & Young

Private Equity-Venture Capital (PE-VC) investments in India during the quarter ended June 2023 (Q2'23), at $9.85 Billion across 182 deals, registered a 33% decrease compared to the same period in 2022 (which saw $14.6 Billion being invested across 371 deals). The investment amount however rose 74% compared to the immediate previous quarter (which saw $5.7 Billion being invested across 181 deals), shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. The PE-VC investment figures for the first 6 months of 2023 - at $15.5 Billion (across 363 deals) - was 50% lower compared to the same period in 2022 (which saw $31 Billion being invested across 800 deals). Q2’23 witnessed 19 mega deals ($100 M+