Private Equity

PE Fund Investments

PE-VC investments decline 20% QoQ to $15-B in Q1'22

 

Private Equity - Venture Capital (PE-VC) firms invested over $15.1 Billion (across 346 deals) in Indian companies during the first three months of 2022. according to early data from Venture Intelligence. While the investment amount represents a 72% rise over the $8.8 Billion (across 257 deals) invested in the same period during 2021, the figure is down 20% compared to the immediate previous quarter which witnessed $18.9 Billion being invested (across 344 deals). Deal volumes in Q1'22 - which showed a 35% growth compared to Q1'21 - stayed flat compared to the immediate previous quarter. The momentum for technology sector investments spilled over into Q1'22, with 14 new "Unicorn" companies being minted in the period. IT & ITeS companies continued to remain the favorite destination for investors attracting $8.3 Billion across 256 deals (a 93% growth from the $4.3 Billion across 163 deals in Q1'21). Deals in the tech industry were led by the mega investments in Swiggy and other unicorns including the Blockchain-focused Polygon ($450 million), enterprise voice tech focused Uniphore Software ($400 million), and analytics firm Fractal ($360 million). Click Here to read the full Press Release including tables and charts. (Venture Intelligence Subscribers will be mailed detailed reports of the PE-VC action during Q1 2022 in the next few days.)