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Venture capital investments reached $10 billion in 2020
By IANS |
Published on
Wed, Mar 17 2021 11:48 IST |
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Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, March 17 : Despite the Covid-19 pandemic, India witnessed continued momentum in venture capital (VC) money flows with total deal value reaching $ 10 billion in 2020, the highest across all years barring 2019, according to Bain & Company s India Venture Capital Report 2021.
India maintained its robust position among the top five startup ecosystems globally, with 7,000 new startups founded in 2020 along with the emergence of 12 new unicorns to take India s unicorn tribe to 37.
The report, done in partnership with Indian Private Equity & Venture Capital Association (IVCA), highlights the dramatic impact of Covid-19 in accelerating digital trends, which was reflected in VC money flows and the emergence of new and digitally founded business models across sectors.
Amendment”) introduced a waiver mechanism for certain Alternative Investment Funds (“
AIF”) from the requirement of being (i) equally responsible as the AIF manager for investment decisions of the AIFs and (ii) jointly and severally responsible along with the AIF manager to ensure that the investments of the AIF are in compliance with the AIF Regulations, the terms of the placement memorandum of the AIF, agreements made with the investors, any other fund documents and any other applicable law.
While the above has provided some comfort to certain players in the industry, the ideal change would be to allow for such waivers for all AIFs if all investors of the AIF agree to such waiver. The liability of ICOM members in addition to that of the AIF manager should only be imposed when (i) members of the ICOM have the ultimate decision making authority with respect to the AIF; (ii) the control of the ICOM is different from the control of the AIF manager; and (ii) the investors are no
PE-VC investments down 35% at $1.6 b in January
February 18, 2021
‘We expect things to pick up and retain our bullish outlook for 2021 for both PE/VC investments as well as exits’
Private equity and venture capital (PE/VC) investments in January 20201 stood at $1.6 billion across 80 deals, a 35 per cent fall from the same month last year, primarily on account of fewer large deals. From a sector perspective, e-commerce emerged as the top sector recording investments worth $689 million, the first time in over two years.
The investments were 77 per cent lower from December 2020 ($2.5 billion in January 2019 and $7.1 billion in December 2020). The reporting month also recorded three PE-backed initial public offerings (IPOs) worth $165 million, according to a report by Indian Private Equity & Venture Capital Association and EY (IVCA-EY).
PE/VC sector saw investments worth $47.6 billion in 2020
January 28, 2021
One of the biggest reasons for the decline in PE/VC investments in 2020 is the under-performance of the infrastructure and real estate sectors - istock.com/marchmeena29
One of the biggest reasons for the decline in PE/VC investments in 2020 is the under-performance of the infrastructure and real estate sectors - istock.com/marchmeena29×
It was led by fund-raising by Reliance Group entities
The private equity and venture capital (PE/VC) sector recorded investments worth $47.6 billion across 921 deals in 2020, almost at par with the previous year, led by fund-raising by Reliance Group entities. Exits stood at $6 billion across 151 deals with open market exits accounting for 40 per cent of all deals by value.