Indian venture capital / private equity investors reported 57 transactions in Mar’15. Aggregate value of reported investments for Mar’15 was USD 735m, as against USD 589m in Mar’14, a jump of 25%. The total deal amount comes from 43 deals, as transaction amount was not disclosed for 14 transactions. Clearly, deal momentum seems to have picked up. Over Jan-Mar’15, USD 2.9B of investment has been reported, as against USD 1.1B in the same period in 2014. Total reported deals in calendar 2015 hit 166 by 31 Mar’15, a 28% jump over the period Jan’March 2014. Sectoral composition continued to be dominated by Internet related businesses, which accounted for a quarter of the total number of deals. Over Jan-Mar’15, 50 transactions have been reported where business models are driven by Internet. In terms of value of investments, this month saw Real Estate sector emerge as the leading sector, cornering around 30% of total investment amount. This was largely due to a USD190m investment announced by Piramal Fund Management in an SPV of Omkar Realty. This SPV is building a premium project in South Mumbai called Omkar 1973 Worli. Mar’15 saw 6 new fund announcements with targeted investment amount of USD735m.

1. www.indiabusinessreports.com
VC/PE deals in India – Mar 2015
Sector: Venture Capital (BFSI)
Mar 2015

2. 57 deals reported in Mar’15
www.indiabusinessreports.com 2VC/PE investments in India
Source: India Business Reports
44
42
47
49
24
50
40
35
64
59
52
50
59
53
57
JAN-14 FEB-14 MAR-14 APR-14 MAY-14 JUN-14 JUL-14 AUG-14 SEP-14 OCT-14 NOV-14 DEC-14 JAN-15 FEB-15 MAR-15
NO OF DEALS

3. $735 million in disclosed amount*
www.indiabusinessreports.com 3VC/PE investments in India
*Amount invested available only for 43deals, 14 deals chose not to disclose details Source: India Business Reports
-
200
400
600
800
1,000
1,200
1,400
1,600
Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15
Amount ($ million)

4. 29% investments were Angel/Early stage; rest Growth/Late stage
01-04-2015 4VC/PE investments in India
Source: India Business Reports
Mar'15
Angel/Early Growth/Late
Mar'14
Angel/Early Growth/Late
TTM
Angel/Early Growth/Late

5. Internet related businesses attract maximum deals
www.indiabusinessreports.com 5VC/PE investments in India
Sectors Mar’15 Mar'14 TTM
Internet 14 3 119
IT/ITES 8 7 98
Healthcare 4 7 50
Media & Entertainment 3 3 42
BFSI 7 8 51
Real Estate SPVs 4 1 48
Education 1 5 20
Food & Beverages 2 2 27
Others 14 11 134
 While Internet related businesses
continues to attract maximum VC/PE
interest, there was a drop in their relative
share from around a third to a quarter of
all transactions
 IT/ITES and BFSI sectors were the other 3
attractive segments
Source: India Business Reports

6. Top 10 transactions of Mar’15
Target Investor (s) Amount ($m) Industry
Omkar 1973 Worli Piramal Fund Management Real Estate 190
Foodpanda Rocket Internet AG Internet 110
Ujjivan Financial Services CX Partners, CDC, NewQuest Asi BFSI 96
Meru Cabs India Value Fund Advisors Travel & Tourism 50
Parksons Packaging Ltd, Kedaara Capital Packaging 32
LimeRoad Tiger Global Internet 30
OYOrooms.com Greenoaks Capital Travel & Tourism 24
Ozone Group Aditya Birla Real Estate Fund Real Estate 21
Groupon India Sequoia Capital Internet 20
Rajesh Lifespaces Motilal Oswal Real Estate Real Estate 17.9
www.indiabusinessreports.com 6VC/PE investments in India
Source: India Business Reports, internet
 Real estate deals dominate the top 10

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VC/PE investments in India

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