PE/VC investment in Jan-Nov totals $27 bn

Date posted: Friday 7 December 2018

The private equity (PE) and venture capital (VC) investments totalled $27 billion during this year till November (January-November), surpassing the year-end high of $26.1 billion recorded in 2017. Till the end of November, PE/VC exits recorded $24.6 billion in value. Though November 2018 has been a relatively weaker month for PE/VC investments and exits, the momentum of PE/VC activity in India continues to be strong. From the point of view of type of investments, credit investments ($455 million) and buyouts ($399 million) were highest in terms of value. Growth ($265 million) and start-up ($286 million) investments recorded over 60 per cent decline in value compared with November 2017. Till the end of November 2018, buyouts have recorded $7.4 billion in investments across 37 deals, which is more than the value of buyouts in the previous two years combined ($3 billion in 2017 and $3.9 billion in 2016). Start-up investments have also recorded a strong rebound in 2018, with $4.1 billion investments made till the end of November, 17 per cent higher than the value recorded in entire 2017. From a sector point of view, real estate ($723 million across five deals) was the top sector followed by financial services ($249 million across nine deals).

(The Hindu)