The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn
The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the back of heightened activity in the startup space
Investments worth $20 bn in unicorns account for nearly 41% of the value pie so far in CY2021, which has seen the addition of 29 billion-dollar companies
Venture Capital type investments however fell 13 per cent in value (and 16% by volume) in 2020 ($10.7 Billion across 694 deals) compared to last year ($12.5 Billion in 832 deals).
A report by RedSeer and Omidyar says pandemic-driven online education offerings across Classes 1 to 12 are projected to rise 6.3x by 2022 to create a $1.7 billion market
Want no long-term capital gains tax for two years on investments held for 36 months; EY India sees 45-60% contraction in Indian PE/VC investment activity this year from record highs of 2019
According to the survey report, though the market is sitting on sufficient un-invested capital, or 'dry powder,' good investment opportunities are seen as difficult to find in the current environment
Q2FY20 witnessed the large $16 billion Flipkart-Walmart deal. If this deal is excluded, exits during Q2FY20 were almost twice the value recorded in Q2FY18
The strong trend of buyouts established in 2018 has continued into 2019 with 4 buyouts worth $504 mn recorded in Jan 2019 -- 20% higher compared to Jan 2018