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Shardul Amarchand Mangaldas tops League Table for Legal Advisors to M&A deals in 2023

Cyril Amarchand Mangaldas and AZB & Partners claim the No.2 & No.3 slots Shardul Amarchand Mangaldas (SAM)  topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions by value during 2023.  SAM advised 54 M&A deals worth $12.3 Billion, followed by Cyril Amarchand Mangaldas (CAM) with $12.27 Billion across 81 deals and AZB & Partners ($10.9 Billion across 63 deals). Trilegal ($9.3 Billion across 63 deals) took the fourth spot with Khaitan & Co. ($6.6 Billion across 97 deals) completing the top five Among the largest M&A deals during 2023, Trilegal, JSA, AZB, SAM and Milbank advised the  $2 Billion investment in Manipal Hospitals by Temasek (which gained majority control). Saraf Partners advised the $1.2 Billion divestment of Viatris’ India twin business to Insud Pharma and IQuest Enterprise . AZB, Wadia Ghandy, J Sagar Associates (JSA) and SAM advised the $1.1 Billion buyout of HDFC Credila by consortium of private equity firms,

AZB tops League Table for Legal Advisors to PE deals in 2023

     Shardul Amarchand Mangaldas and Trilegal claim the No.2 & No.3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to Private Equity Transactions in 2023 advising 85 deals worth $15.8 Billion. AZB was followed by Shardul Amarchand Mangaldas (SAM) ($15.2 Billion across 115 deals) and Trilegal ($11.4 Billion across 76 deals) in the second and third spots respectively. Cyril Amarchand Mangaldas (CAM) ($9.9 Billion across 91 deals) took the fourth spot and  Khaitan & Co. ($8.5 Billion across 97 deals) completed the top five. Among the larger Private Equity deals during 2023, AZB, Trilegal, J Sagar Associates (JSA) , SAM and Milbank advised $2 Billion investment in Manipal Hospitals by Temasek (which gained majority control) . AZB, SAM, Gunderson Dettmer and Khaitan & Co. advised  Tiger Global and Accel India’s  $ 1.78 Billion exit from Flipkart . Trilegal, Khaitan & Co., SAM and Wadia Ghandy advised Brookfield India Re

Ernst & Young tops League Table for Transaction Advisors to M&A deals in 2023

Allegro Advisors and Ambit claim the No.2 & No.3 slots Ernst & Young  topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals   during 2023,advising 20 deals worth $3.8 Billion. Allegro Advisors stood second advising 3 deals worth $2.4 billion. Ambit followed with 7 deals worth $2.2 billion. Avendus ($1.8 billion across 11 deals) and Jefferies & Co. ($1.1 billion across 1 deal) completed the top five. Allegro Advisors and Ernst & Young advised the  $2 Billion  majority stake acquisition by Temasek in Manipal Hospitals . Ambit advised  the $1.2 Billion acquisition of Brookfield's Road portfolio by Indinfravit Trust . Arpwood Capital, Jefferies & Co. and Ernst & Young advised the $1.1 Billion buyout of HDFC Credila by a consortium of private equity firms, including BPEA EQT and ChrysCapital . Among the larger M&A deals in Q4 2023, O3 Capital and KPMG advised the $700 million acquisition of Care Hospitals by Blackstone

Avendus tops League Table for Transaction Advisors to Private Equity deals in 2023

Allegro Advisors and Ernst & Young claim the No.2&3 slot Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in 2023 advising 22 deals worth $2.9 Billion. Allegro Advisors stood second advising 4 deals worth $2.5 Billion. Ernst & Young followed with 20 deals worth $1.4 Billion. Jefferies & Co. ($1.1 Billion across 1 deal) and o3 Capital ($970 million across 9 deals) completed the top five for 2023. Allegro Advisors and Ernst & Young advised $2 Billion investment in Manipal Hospitals by Temasek, the largest PE-VC investment of 2023. Jefferies & Co., Ernst & Young, Arpwood Capital advised the $1.1 Billion buyout of HDFC Credila by BPEA EQT and ChrysCapital. Avendus advised the $500 million investment attracted by Lenskart from ADIA. Among the larger private equity deals in Q4 2023, O3 Capital and KPMG advised the $700 million acquisition of Care Hospitals by Blackstone. Ambit advised the

Chiratae, Speciale and Stride Ventures win APEX'24 Venture Capital Awards

Chiratae Ventures, Speciale Invest and Stride Ventures were awarded as among the leading Venture Capital investors in India for 2023 as part of Venture Intelligence APEX‘24 Private Equity & Venture Capital awards event in Mumbai.  The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer. The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms and "crowd sourced" voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Return Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies) VC Investor of the Year Chiratae Ventures received the Venture Capital Investor of the Year 2023 Award on the back of 10 part exits totaling $178 million via Secondary Sales during the year. Its exits included those from retail unicorn Lenskart, SaaS Startup Pixis and baby pr

Blackstone, MO Alts and InvAscent win APEX'24 Private Equity Awards

Press Release Blackstone, MO Alternates (formerly Motilal Oswal PE) and InvAscent were awarded as among the leading Private Equity and Growth Capital investors in India for 2023 as part of Venture Intelligence APEX‘24 Private Equity & Venture Capital awards event in Mumbai.  The Venture Intelligence “Awards for Private Equity Excellence” (APEX) is dedicated to celebrating the best that the Indian Private Equity & Venture Capital industry has to offer. The APEX Awardees are selected based on both Self Nomination by the participating PE-VC firms and "crowd sourced" voting from the Limited Partner, PE-VC and advisory communities. (The main criteria are Return Track Record, New Fund Raises & Follow-on Funding Rounds for Portfolio Companies) PE Investor of the Year Blackstone received the Private Equity Investor of the Year 2023 Award on the back of strong complete exits during the year: from Sona Comstar and IBS Software. Ganesh Mani and Amit Dalmia, Senior Managing D

PE-VC investments fall 38% in 2023 to below $30 B

The value of investments by Private Equity - Venture Capital (PE-VC) firms in India fell by 38% to less than $30 Billion in 2023. PE-VC firms invested $29.7 Billion (across 756 deals) in Indian companies in 2023, compared to $47.6 Billion (across 1,362 deals) in the previous year, reports Venture Intelligenc e, a research service focused on private company financials, transactions, and their valuations. (Note: These figures exclude PE investments in Real Estate).                                                                                                                                                                      2023 witnessed 67 mega deals ($100 M+ rounds) worth $21.2 Billion, compared to 112 such investments worth $31.8 Billion in 2022. The $2.4 Billion investment in Manipal Hospitals by Temasek (which gained majority control) and TPG Capital was the largest PE-VC investment in 2023. This was followed by the $1.35 Billion buyout of education loans focused HDFC Credila