Private Equity Investments

Tredence is looking at Advent International to not only grow geographically but also support them in expanding into new verticals like healthcare, life inorganic sciences, and insurance

San Jose-based company to use financing for strengthening verticals and get more customers

According to the report, the investment volume in warehousing stood at $1.9 bn in 2022, from $1.3 bn in 2021, up 45% YoY

PE firm previously submitted the highest non-binding bid for the business

Private equity (PE) investment in real estate increased 40 per cent during the April-September period of this fiscal to USD 2.8 billion, with a huge inflow coming from foreign funds especially in office assets, says a report. According to the Anarock report, PE investment stood at USD 2 billion in the corresponding period of the last financial year. "Investor confidence in Indian real estate is increasing steadily as a reflection of improvement in the Indian economy and state of real estate industry," said Shobhit Agarwal, MD & CEO of Anarock Capital, which is part of real estate consultant Anarock. As per the report, investments by foreign investors contributed around 78 per cent to the total inflow in the first half of this fiscal, reflecting their strong confidence in Indian real estate. Domestic investments increased by 45 per cent while foreign investments rose by 36 per cent of the total capital inflows in April-September of 2022-23, compared to the year-ago period. Top 10 .

Private equity (PE) investment in proptech firms rose 5 per cent to USD 270 million during the January-June period as the adoption of technology gains momentum in the real estate sector, according to Housing.com. Between 2009 and June 2022, the proptech companies in India received a total of USD 3.42 billion in PE funding. The PE inflow in proptech rose 35 per cent in 2021 to USD 741 million from USD 551 million in the previous year. Housing.com, which is part of REA India that also owns PropTiger.com and Makaan.com, the number of PE deals during January-June 2022 has grown by 1.5 times year-on-year. The average deal size in H1 2022 stood at USD 14 million compared to USD 32 million during the same period in 2021. The investments tracked include private equity, venture capital, debt, PIPE (Private investment in public entities), project level investments, and pre-IPO private equity deals, at the early, growth and late stage. Dhruv Agarwala, Group CEO of Housing.com, PropTiger.com

Other investors include Y-Combinator, Das Capital, Goodwater Capital, Beyond Next Ventures, Soma Capital, Ace & Company, Hauz Khas Ventures and a host of angels

Indian investments grew by 96 per cent over 2020 (excluding the mega deals of Jio Platforms and Reliance Retail).

Blackstone invested $4.9 billion in India in 2021

As per data, PE investments in office segment fell to $732 mn during January-March period from $2,148 mn in the year-ago period, while the inflows in residential segment fell to $73 mn from $234 mn

Private equity investments in Q1 2022 totalled $8.03 billion, down 30.7 per cent from $11.59 billion in Q4 2021 but up 88.6 per cent ($4.2 billion) from the same quarter in the previous year.

The report also showed that 11% of American insurers said they are invested in or are considering investing in cryptocurrencies

Apart from value, volumes or the number of deals have also gone up

With a month to go, PE/VC investments in 2021 at $72.6 billion have surpassed the all-time high seen in 2020 by 53 per cent, driven by mega investments in start-ups and large buyouts.

Jalan says investor sentiment, hit by a spate of poor listings in August, shall improve as we see successful listing going ahead

Domestic PE players include funds like Multiples, Kedara, and so on, who, along with the global PEs, form the majority of the country's PE players

According to data from VCC Edge which tracks PE investments, in the first quarter of the calendar year, the value of total PE exit deals has fallen by 7 per cent to hit $1,938 million

The report suggests that looking ahead the deal pipeline remains robust and investment teams of most large and medium-sized PE funds are working flat out negotiating multiple deals

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020