The Venture Intelligence Blog

A ToI article quotes Venture Intelligence data on Private Equity & Venture Capital exits in India: Driven by the Walmart-Flipkart deal, the year has so far seen nearly $22 billion worth of exits till date through more than 160 deals, according to data from research firm Venture Intelligence . While 2017 saw $14.5 billion for the whole year, previous years saw less than $10 billion. Analysts point out that while the Flipkart deal contributed to a chunk of the deal size in terms of value ($12 Billion), the mood among investors also favours exits. "IPOs, M&A exits and acqui-hires have contributed to the 165 deals so far. Among IPOs, the engineering firm Varroc went public where Tata Capital sold its entire stake in the company. AU finance saw Kedaara Capital and Warburg making a partial exit," said Venture Intelligence MD Arun Natarajan.  With unicorns raising funds and consequently giving exits to smaller investors, there is an emergence of funds such as TR Cap...

An article by The Ken  quotes Venture Intelligence data on investments and exits by Bessemer Venture Partners in India: According to data shared by Venture Intelligence, BVP India earned 3.27 times the return on its investment in online marketplace Snapdeal in a secondary share sale to SoftBank in 2015. This was ahead of the drop in valuation of Snapdeal from its peak of $6.5 billion in 2016 to $850 million in 2017. BVP India’s other exits include TaxiForSure (which was sold to Ola) as well as companies like Matrimony.com and Shriram City Union Finance being publicly listed. BVP India has invested in 47 companies in India since 2004 when it set up an India office. It has exited 20 companies, through strategic sale and IPO.   According to data from research platform Venture Intelligence, the number of deals by BVP has shrunk from 10 in 2016 to six in 2017.  Interested in viewing in-depth data on investments, exits and return data on Bessemer Venture Partners...

The IPO of PE-backed Newgen Software was over-subscribed  8 times  with all PE-VC investors making a complete exit in the company. The IPO was a 78% offer for sale by existing shareholders. With data from  Venture Intelligence PE/VC Database  and  Company Financials Database  we look at Newgen Software's journey and how it's investor fared in the IPO. 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.

A Mint article quotes Venture Intelligence data on Private Equity and Venture Capital Exits through IPOs: In yet another successful year of exits, private equity (PE) funds sold shares worth $1.17 billion in 2017 as their portfolio companies went public, data from Venture Intelligence shows.   The figure is almost 25% higher than the $935 million they sold through initial public offerings (IPOs) in 2016. In 2015, PEs sold stocks worth just $287 million in IPOs. These factors have led to an increase in the contribution of IPOs to overall PE exits, from a 3% share of overall exits worth $9.95 billion in 2015 to about 12% share of $9.97 billion exits so far in 2017, data from Venture Intelligence shows. (Click to View) 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.

The IPO of Kedaara Capital backed Mahindra Logistics was subscribed 7.9 times  with Kedara Capital making a part exit with INR 415 Cr. The IPO was a complete offer for sale by existing shareholders. With data from  Venture Intelligence PE/VC Database  and  Company Financials Database  we look at Mahindra Logistics's journey and how it's investor fared in the IPO. 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.

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.

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.

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.

2017 is on track to becoming the best year ever for Venture Capital exits in India. Thanks to mega cash exits worth $650 million from One 97 Communications (the parent company of mobile wallet service Paytm), VC investors have harvested over $1 billion via exits during the first six months of the year, data from the Venture Intelligence VC Deals Database shows. The VC exit figures for H1'17 is comparable to the record highs in the first half of 2015 (which had witnessed large exits from companies like FreeCharge and TaxiForSure). Unlike the mega exits of 2015, which involved large stock swap components, the larger exits of 2017 are actual cash realizations. SAIF Partners and Saama Capital, who first invested in One 97 / Paytm a decade ago, sold their stakes to the company's new investors (SoftBank and Alibaba Group respectively) to realize returns of 26 times and 75 times their invested capital respectively, the Venture Intelligence analysis shows. Matrix P...

A Business Standard article titled  Sanjiv Kaul continues multi-bagger pharma returns with Eris' IPO , quotes Venture Intelligence data on ChrysCapital's exits in the pharmaceuticals space: In 2015, Chrys Capital exited Mankind Pharma in a secondary deal worth $203 million to Capital International, getting 13 times return made on $24 million investment done in 2007. A year prior to that it made over 17 times return by partially selling its investment in Ahmedabad-based Intas Pharmaceuticals for $131 million to Temasek Holdings. It made another exit from Intas this year at a return multiple of 4.6 times in a $106 million secondary deal to a bunch of buyers including Capital International. It had invested in Intas first in 2005 for $12 million and then had followed up with $57 million in 2012. Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) ...

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.

An Economic Times article, leveraging Venture Intelligence data, shows how PE-backed IPOs have fared in the recent stock market rally. Extract: According to data from PE and M&A data provider Venture Intelligence, 30 PE-backed companies listed on the bourses in the past two years — 16 in 2016-17 and 14 in FY16. Before that, only five, one and seven PE-backed companies listed during FY13, FY14 and FY15.   Some of the top PE-backed companies that hit Dalal Street and gave their investors an exit include Bharti Infratel, Equitas Holdings, Laurus Labs, Bombay Stock Exchange, RBL Bank, Endurance Technologies, Ujjivan Financial Services, Parag Milk, Care Rating and Healthcare Global. These ten firms together have given $927 million, or about Rs 5,963 crore, of returns to their investors so far.  Some investors continue to hold positions in a few of these companies while others have partially cashed out, Venture Intelligence data showed. In the past five years, PE invest...

Business Standard has analyzed exit trends using Venture Intelligence data. Extracts: Lack of exits and poor returns have been the biggest bane of private equity (PE) firms in India. While returns remain an issue, PE funds in India have returned around $18 billion to investors in the past two years — $8.12 billion in 2015 and $9.77 billion in 2016, according to research firm 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.

Kiran Somvanshi of Economic Times  has used Venture Intelligence PE-backed IPOs data to showcase how the share prices of PE-backed companies have done post their listing. Extract: The largest IPO exits in the last three years made 1-14 times returns for private equity firms. But after listing, retail, HNIs and institutional investors have gained 9-156% in these firms, thanks to a strong stock market, data from Venture Intelligence show.   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.

Mint carried the following infographic on April 10, 2017 based on data from the Venture Intelligence PE-VC Exits Database : 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.

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.

M&A deals account for 43.7% of exits, Venture Intelligence data shows Private Equity exits in India declined by 18% to $7.86 Billion (across 215 deals) during the calendar year 2016 compared to an all-time high of $9.55 billion (across 270 deals) in 2015, according to data from Venture Intelligence, India’s longest serving data analytics firm focused on private company financials, transactions and valuations. The exit value includes $7.33 Billion of Complete Exits; the remainder being partial ones. These figures, which include exits from Venture Capital type investments and exclude exits from Real Estate investments, take the total realization by PE firms in the five year period starting in 2012 to about $33 billion (across 1,032 transactions).  19 exits – i.e. 9% of the total deals – were over $100 million in value and accounted for 58% of the overall value harvested during the year. The largest exit during the year was the sale of KKR’s stake worth $1.05 billion...

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to Sign Up for the FREE Weekly Edition of the Deal Digest: India's First & Most Exhaustive Transactions Newsletter.

Private Equity firms invested $10,117 million over 441 deals in India during the 12 months ending December 2011, compared to $8,187 million across 362 deals during the previous year, according to analysis by Venture Intelligence, a research service focused on Private Equity and M&A activity. These figures - which include VC investments and exclude PE investments in Real Estate - take the total investments by PE firms over the past five years to about $47 billion across 2,062 transactions. The latest Venture Intelligence data however reveals that PE investments in October-December 2011 declined to about $1,456 million (across 105 deals) compared to the $1,828 million invested (across 88 deals) in the same period in 2010 and $2,334 million invested (across 109 deals) in the immediate previous quarter. “The amount of PE capital deployed has declined for the fourth successive quarter in keeping with the economic uncertainty and the decline in public markets,” noted Arun Natarajan, CEO...

Amount invested more than doubles over previous quarter; Median Deal Size jumps to $14.5-M Private Equity firms invested about $3,296 million across 83 deals in India during the quarter ended March 2011, according to a study by Venture Intelligence ( http://www.ventureintelligence.in ), a research service focused on Private Equity and M&A transaction activity in the country. The amount invested during the quarter was higher than that during the same period last year (which witnessed $2,133 million invested across 81 deals) and over twice that of the immediate previous quarter ($1,515 million across 83 deals). The median size of investments during Q1 ’11 was $14.5 million, compared to $11.5 million in the same period a year ago. (Note: These numbers do not include PE investments in Real Estate.) The largest PE investment during Q1 ’11 was the Rs.4,500 crore (about $1 billion) commitment by Bain Capital and Singapore’s GIC to Hero Investments, the Hero group holding firm which is to ...