Indian funding deal value in the first three months of 2019 is over half of last year's total
Apr 4, 2019, 12:49 IST
- Through 159 deals, India saw PE-VC investments worth $10 billion in Q1 2019.
- The investment value is 26% up from the same quarter in 2018.
- It’s still large ticket deals and not the number of deals that has contributed to the growth.
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In the first quarter of 2019, India has seen a great deal of activity in the Private Equity and Venture Capital space. Through 159 deals, PE-VC firms invested $10 billion in the country, according to data research firm Venture Intelligence. The total investment value is up by 26% from the same quarter in 2018.
According to a report by Grant Thornton, the total PE, VC funding stood at $20.5 billion in 2018 through 786 deals. Now, in 2019, the country has already seen an investment value of $10 billion in just three months, which goes on to show that India is set to witness a higher funding and bigger deals this year.
The major beneficiaries so far this year happened to be companies related to infrastructure holding 48% of the investment value in Q1 which were worth $4.9 billion.
In the tech deals, it was Delhivery and Firstcry’s funding from Softbank that contributed to the investment growth from the VC side. Delhivery had raised $395 million from Softbank in early March, while the Japanese investment firm had pumped in $150 million in the babycare startup Firstcry.
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