The Venture Intelligence Blog

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 Car...

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 ...

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 & Y...

Ernst & Young and JM Financial claim the No.2 & 3 slots Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in 2022 advising 34 deals worth $5.4 Billion. Ernst & Young stood second advising 11 deals worth $1.25 Billion. JM Financial followed with 3 deals worth $1.04 Billion. Ambit ($1 Billion across 14 deals) and Morgan Stanley ($810 million across 2 deals) completed the top five for 2022. Avendus  advised deals included Mobile Content and News aggregator Unicorn Dailyhunt’s $805 million fundraise from Sumeru Ventures, Luxor Capital, Ontario Teachers Pension Plan, Sofina, Baillie Gifford, and CPPIB.  Ernst & Young  advised the $775 million purchase of six toll road projects from Welspun Enterprises by Actis.  Citi  and  JM Financial  advised the $593 million acquisition of IDFC Asset Management Company by a consortium comprising Bandhan Financial Holdings Limited and private ...

Citi and Arpwood Capital claim the No.2 & No.3 slots Allegro Advisors topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals  for the six months ending June 2022.  Allegro Advisors advised 4 deals worth $3.35 Billion. Citi ($2.2 Billion across 3 deals) and Arpwood Capital ($1.9 Billion across 2 deals) took the second and third spots respectively. Axis Capital ($1.67 Billion across 3 deals) took the fourth spot and Credit Suisse ($1.62 Billion across 1 deal) 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 largest M&A deals in H1 2022, Standard Chartered Bank , Ernst & Young and PwC acted as the advisors to the $1.55 Billion acquisition of PE firm Actis' renewable energy platform, Sprng Energy, by Sh...

Avendus topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions for the 6 months ended June 2022, advising PE-VC deals worth $4.1 Billion. Ernst & Young stood second having advised deals worth $807 million. JM Financial ($770 million), Citi ($593 million) and PwC ($577 million) completed the top five for H1 2022. 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 private equity deals in Q2 2022, Avendus acted as advisor to Mobile   Content and News aggregator Unicorn Dailyhunt ’s $805 million fundraise from Sumeru Ventures, Luxor Capital, Ontario Teachers Pension Plan, Sofina, Baillie Gifford, and CPPIB. Ernst & Young advised the $775 million purchase of six toll road projects from Welspun Enterprises by Actis. Citi and...

JM Financial and Kotak Mahindra Capital claim the No.2 & No.3 slots Ernst & Young (EY) topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals   during 2021, advising 39 deals worth $16.75 Billion. JM Financial ($7.88 Billion across 13 deals) and Kotak Mahindra Capital ($7.87 Billion across 8 deals) took the second and third spots respectively. Avendus ($5.91 Billion across 9 deals) and PwC ($5.63 Billion across 13 deals) completed the top five. Among the larger deals of 2021, EY and Arpwood Capital acted as the advisors to the $5.2 Billion buyout of the Dewan Housing Finance or DHFL by Piramal Enterprises . Avendus, Kotak Mahindra Capital, and PwC acted as the advisors to the digital payments provider Billdesk's $4.7 Billion acquisition by Prosus-Ventures backed PayU . EY acted as advisor to Carlyle Group's acquisition of Baring Private Equity Asia's (BPEA) stake in Hexaware Technologies . JM Financial advised the $2.8 Billion bi...

Ernst & Young and PwC claim the No.2 & No.3 slots Avendus has topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in 2021 advising 43 deals worth $9.9 Billion. Ernst & Young (EY) came next advising 32 deals worth $8.2 Billion. PwC followed with 26 deals worth $5.6 Billion. JM Financial ($3.9 Billion across 7 deals) and Kotak Mahindra Capital ($3.2 Billion across 8 deals) completed the top five for 2021. Avendus, Kotak Mahindra Capital, and PwC acted as the advisors to the  complete exit by PE-VC investors in Billdesk (via the digital payments provider’s acquisition by Prosus-Ventures backed PayU) . Among other larger private equity deals in the year, EY acted as advisor to Carlyle Group's acquisition of Baring Private Equity Asia's (BPEA) stake in Hexaware Technologies . JM Financial advised the $2.8 Billion bid by Blackstone to buy out a 75% stake in publicly listed MphasiS .  Among the largest deals in the Oc...

Kotak Mahindra Capital and Avendus claim the No.2 & No.3 slots Ernst & Young (EY) topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals   during the first nine months of 2021, advising 23 qualifying deals worth $8.2 Billion. Kotak Mahindra Capital ($7.9 Billion across 8 deals) and Avendus ($5.7 Billion across 7 deals) took the second and third spots respectively. JM Financial ($1.9 Billion across 6 deals) and Deloitte ($1.8 Billion across 3 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 largest deals in Q3 2021, Avendus and Kotak Mahindra Capital advised the  acquisition of digital payments provider Billdesk by PayU . DC Advisory  advised Edtech unicorn Byju’s $600 million acquisition of upskilli...

Ernst & Young and Kotak Mahindra Capital claim the No.2 & No.3 slots Avendus has topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in the first nine months of 2021. Avendus advised 33 PE deals worth $8.3 Billion during the period. Ernst & Young stood second having advised 20 deals worth $7 Billion. They were followed by Kotak Mahindra Capital with 8 deals worth $3.2 Billion. Credit Suisse ($1.02 Billion across 2 deals) and Ambit Corporate Finance ($1 Billion across 10 deals) completed the top five in the period. Among the largest deals in Q3 2021, Avendus and Kotak Mahindra Capital acted as the advisors to the complete exit by PE-VC investors in Billdesk (via the  digital payments provider's  acquisition by Prosus Ventures-backed PayU) . Avendus also advised edtech firm Eruditus’ $650 million fund raise from Accel USA, SoftBank Corp, and CPPIB, which saw the company become  India’s 61st unicorn . Standard...