The largest investment in April 2018 saw Softbank invest USD 400 million for a 21 per cent stake in Paytm Mall.
The report showed that the first month of 2018 also recorded 26 exits worth $970 million
Here are some key findings of the report
The month of November has recorded the highest monthly value of PE/VC exits ever with 25 exits worth $2.7 billion. The month also witnessed investments worth $2.9 billion across 56 deals. Large value deals (over $100 million) are emerging as a highlight in 2017. According to EY's monthly PE deal tracker, November 2017 recorded the highest value of exits ever for any given month, 25 exits worth $2.7 billion) mainly due to one large open market exit that of Qatar Foundation Endowment selling five per cent stake in Bharti Airtel for $1.5 billion. There were two PE backed IPO in November 2017 which saw Kedaara selling 13.6 per cent stake in Mahindra Logistics for $65 million and Reliance Alternative Investment Fund selling 33 per cent stake in Khadim for $68 million.From a sector perspective, Telecom topped the charts in spite of one deal due to the $1.5 billion exit by Qatar Foundation Endowment. Telecom was followed by financial services with four exits worth $650 million.Vivek Soni, ..
Finding the right exit is a challenge for private equity (PE) and venture capital (VC) funds but 2017 has been easier on this count. The January to October period saw a 51 per cent jump compared to the whole of last year (Jan-December). One reason has been the buoyant capital markets.According to data from EY India Private Equity Advisory Practice and VCC Edge, the value of all exists has been $10.06 billion in 2017 (Jan-Oct), as compared to $6.67 bn in 2016 (all 12 months) and $6.47 bn in 2015.The use of Initial Public Offers (IPOs), open market and secondary market saw a surge. Buybacks and strategic sales saw a dip. The secondary market reported 527 per cent growth to $3.34 bn as compared to $0.53 bn in 2016. Open market sales grew 117 per cent to $3.63 bn, from $1.68 bn and IPOs saw 72 per cent growth to $1.57 bn, from $0.91 bn.Vivek Soni, partner and leader for PE Advisory at EY India, says the year so far has been the best ever for PE/VC exits. With buoyant capital markets, ...
The quarter recorded the largest IPO exits ever with Fairfax selling its 12% stake in ICICI Lombard
PE/VC investments increased by 5.4 times to $ 5.4 billion in August 2017 were the highest monthly investment ever, compared to $ 1 billion in August 2016. This was mainly on account of two mega deals, Softbank's $2.5 billion investment in Flipkart and GIC's $1.4 billion investment in DLF commercial property assets. These were also the largest deals ever in the E-commerce and Real Estate sectors respectively. In terms of number of deals, there was an 18 per cent growth in August 2017 compared to 39 deals last year, accoridng ot EY report.Mayank Rastogi, Partner Transaction Advisory Services and Private Equity, EY said that the PE/VC numbers for August 2017 were significantly influenced by the two mammoth investments (Softbank and GIC) and the large Flipkart exit. However, even if these were to be excluded, investments and exits recorded healthy activity in both value and volume terms in the month. At this pace, the investments should breach the $20 billion mark and exits the $10 ...
T E NARASIMHANPE/VC investments in India in the first half (1H2017) and second quarter (2Q2017) witnessed a sharp increase on the back of some large deals with size in excess of$300 million each. First half of 2017 and second quarter of 2017 recorded the highest investments in a half year and quarter respectively, in the history of the Indian PE/VC industry ever.According to EY data, on a half yearly basis, investments increased by 41 per cent in value to $ 11.2 billion from $ 8 billion in first half of 2016 despite a marginal decline in deal volume (298 deals v/s 310 deals in 1H2016). Both buyout ($2.2 billion across 18 deals) and PIPEdeals ($1.9 billion across 23 deals)recorded strong growth in first half of 2017 of 76 per cenet and 72 per cent respectively, the best half yearly performance for buyout deals and the second best for PIPE deals in over 10 years.Buyout deal volumes have been sequentially increasing with a record high of 18 buyouts in 1H2017. Aggregate investment value .
Financial services sector topped the table on account of the $1.4-bn investment by Softbank in Paytm
The e-commerce sector saw merely 11 deals worth $85 million
Due to fall in value and volume of large deals