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PE investments in H1'21 rise 33% to $27 Billion

Press Release Private Equity-Venture Capital (PE-VC) investments in India rose 33% during the first 6 months of 2021 to $27.1 Billion (across 442 deals) compared to $20.4 Billion (across 433 deals) during the same period last year, shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations. PE-VC investments during Q2'21, at $14.3 Billion across 215 deals, registered a 12% Q-o-Q increase (compared to the $12.8 Billion across 227 deals in Q1'21). The Q2'21 investment value also surpassed (by 2.4%) the Reliance Jio dominated Q2'20 (which saw $13.9 Billion being invested across 190 deals - of which, $9.8 Billion or 71% went into just Jio). Q2'21 witnessed 33 mega deals ($100M+ rounds) worth $11.5 Billion, compared to 12 such investments (topped by Jio) in the same period last year. The first half of 2021 saw the creation of 16 Unicorns (VC-funded startups valued at $1 Billion or more), 11 of whi...

Legal Capsule by Veyrah Law

CONSIDERING LITIGATION IN INDIA | PART VII – ALWAYS KEEP YOUR OPTIONS OPEN! A recurring point that we have emphasized in each discussion around commercial litigation is to always keep the end commercial objective in mind. Litigation should always be a means to achieve the desired end objective. In an Indian context, the end objective for most commercial disputes should be to achieve a favorable settlement. In this final article to the ‘ considering litigation in India ’ series, we will touch upon the general approach that litigants should have for any material commercial litigation. A litigant who intends to approach a court, has multiple options to achieve the desired result. Having the luxury of choice is one thing but choosing wisely from the available options is another. A litigant’s options could be generally categorized as litigious and non-litigious. In this context, choosing one over the other or simultaneously exploring both options is a matter of strategy and should be tactfu...

Legal Capsule by LexCounsel

In the Matter of:  Action Committee Unaided Recognized Private Schools  v/s.  Directorate of Education [W.P.(C) 7526/2020]   Forum:  High Court of Delhi   Order Delivered on:  May 31, 2021   Factual Background:  The writ petition was filed by the Action Committee Unaided Recognized Private Schools, an association of approximately 450 private unaided schools in Delhi seeking a writ of certiorari to quash the orders dated April 18, 2020 and August 28, 2020, passed by the respondent, Directorate of Education. The said orders  inter alia  regulated and restricted the collection of fees by private unaided schools in Delhi on account of the COVID-19 pandemic.   Initially, the respondent exercising its rights under section 17 of the Delhi School Education Act, 1973 ( DSE Act ) read with rule 43 of the Delhi School Education Rules, 1973 ( DSE Rules ) had passed an order on April 18, 2020, directing the private unaided recognized school...

Legal Capsule by Veyrah Law

EDTECH: DIGITAL ERA OF EDUCATION The conventional idea of s chooling has undergone a drastic change over the last century. Schooling has evolved with the integration of technology that has enhanced both learning and teaching experiences. The prevailing Covid-19 pandemic has only accelerated this trend by further embedding technology into the learning process. The result has been that tech savvy students now use engaging apps and attend online courses; seamlessly enhancing education despite the lockdown caused by the pandemic. This fast-emerging sector is better known as education technology ( EdTech ). The essential aim of EdTech is to make learning more fun by using interactive methods of teaching and in the bargain improving the standard and quality of education. This article analyses the regulatory regime that applies to the EdTech sector in India and the emerging opportunities for investors in this space. EdTech business Today, top educational institutions are expensive and often c...

The Zomato IPO: Key Highlights Captured in Graphics

About 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.

Trilegal tops League Table for Legal Advisors to M&A deals in Q1 2021

AZB and Khaitan & Co. claim the No.2 & No.3 slots Trilegal topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions for the quarter ending March 2021, advising 6 qualifying deals worth USD 6.3 Billion. It was followed by AZB & Partners (USD 4.1 Billion across 15 deals) and Khaitan & Co. (USD 3.6 Billion across 15 deals) in the second and third spots respectively. Cyril Amarchand Mangaldas (CAM, USD 3.1 Billion across 12 deals) and Shardhul Amarchand Mangaldas (SAM, USD 1.5 Billion across 8 deals) completed the top five. The largest deal advised by Trilegal was  Piramal Enterprises' acquisition of stressed mortgage lender DHFL for USD 5.2 Billion.  AZB advised Wipro’s USD 1.5 Billion acquisition of CAPCO.  CAM advised the Government of India's (GoI) stake sale in Tata Communications Limited (TCL)  for USD 1.2 Billion.  Khaitan & Co., Shardul Amarchand Mangaldas, and Trilegal advised Byju's USD 1 Billion...

ICICI Securities tops League Table for Transaction Advisors to M&A deals in Q1 2021

Ambit Corporate Finance and JM Financial claim the No.2 & No.3 slots   ICICI Securities topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals during the quarter ended March 2021, advising deals worth USD 1.2 Billion (across 2 transactions). Ambit Corporate Finance (USD 475 million across 1 deal) and JM Financial (USD 307 million across 4 deals) took the second and third spots respectively. Avendus (USD 253 million across 3 deals) and Edelweiss Financial Services (USD 232 million 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. ICICI Securities acted as the transaction advisor to Government of Indias (GoI) 26.12% stake sale in Tata Communications Limited (TCL) through a combination of Strategic Sale to the Tata G...