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    Home > Chemicals Industry > International Chemical > India's private equity/venture capital reached $1.6 billion in August, and power became a hot spot for investment

    India's private equity/venture capital reached $1.6 billion in August, and power became a hot spot for investment

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    According to EY's August investment report, Indian private equity (PE) and venture capital (VC) investments reached $1.
    6 billion in 50 deals in August, tripling compared to the same period last year
    .

    "PE/VC activity continues to run strongly, with $1.
    6 billion invested
    in August 2018.
    Interest in India remains strong by the end of August, with funding expected to increase further, as evidenced by the projected $2 billion investment proposed this month
    .
    Vivek Soni, senior analyst at EY, said, "The level of investment in India is already close to $40 billion
    .

    In August, four investments exceeded $100 million, accounting for 72% of the total investment, compared to a record
    six investments of $4.
    7 billion in the same period last year.
    KKR's US$530 million acquisition of a 60% stake in Ramky Enviro Engineers was the largest deal
    in August 2018.

    From an industry perspective, power and utilities received $532 million in investment in two deals, followed by real estate with $360 million
    in both deals.

    Financial services, one of the top investment sectors in previous months, recorded just $42 million in investment in
    six deals.
    In terms of the number of deals, the technology sector ranked first
    with seven deals, the report said.

    From January to August, Indian private equity/venture capital has exceeded $18.
    7 billion, up 9%
    from the same period last year.

    During August 2018, 18 outbound investment deals totalling $830 million were seen, double the number in July 2018
    .

    The report also said there was an initial public offering of private equity funds in August 2018 in which Micro Ventures sold a stake
    in Credit Access Grameen for $71 million.

    In August 2018, it announced a $3 billion financing in India
    .
    Of those, Sequoia received the largest fundraising of $695 million, focusing on early- and growth-stage investments
    in technology, consumer and healthcare, the report said.

    Soni said investors could become cautious with the sudden depreciation of the rupee in September, which could delay the closing
    of the deal.

    According to EY's August investment report, Indian private equity (PE) and venture capital (VC) investments reached $1.
    6 billion in 50 deals in August, tripling compared to the same period last year
    .

    Private equity

    "PE/VC activity continues to run strongly, with $1.
    6 billion invested
    in August 2018.
    Interest in India remains strong by the end of August, with funding expected to increase further, as evidenced by the projected $2 billion investment proposed this month
    .
    Vivek Soni, senior analyst at EY, said, "The level of investment in India is already close to $40 billion
    .

    In August, four investments exceeded $100 million, accounting for 72% of the total investment, compared to a record
    six investments of $4.
    7 billion in the same period last year.
    KKR's US$530 million acquisition of a 60% stake in Ramky Enviro Engineers was the largest deal
    in August 2018.

    From an industry perspective, power and utilities received $532 million in investment in two deals, followed by real estate with $360 million
    in both deals.

    Financial services, one of the top investment sectors in previous months, recorded just $42 million in investment in
    six deals.
    In terms of the number of deals, the technology sector ranked first
    with seven deals, the report said.

    From January to August, Indian private equity/venture capital has exceeded $18.
    7 billion, up 9%
    from the same period last year.

    During August 2018, 18 outbound investment deals totalling $830 million were seen, double the number in July 2018
    .

    The report also said there was an initial public offering of private equity funds in August 2018 in which Micro Ventures sold a stake
    in Credit Access Grameen for $71 million.

    In August 2018, it announced a $3 billion financing in India
    .
    Of those, Sequoia received the largest fundraising of $695 million, focusing on early- and growth-stage investments
    in technology, consumer and healthcare, the report said.

    Soni said investors could become cautious with the sudden depreciation of the rupee in September, which could delay the closing
    of the deal.

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