Nov’16 again saw poor activity in VC/PE deals in India. Reported deal amount was just USD392m, the second lowest in 2016. This amount was invested over 35 transactions, another 31 chose not to disclose invested amount. Deal count for the month was 66, taking ytd deal count to 756, 5% down over ytd 2015. The difference in invested amount is much sharper. Cumulative investment in ytd 2016 is USD 8.2B, 38% less over the USD13.3B which was reported in the same period in 2015. There were very few large deals, only 6 deals reported investments of over USD20m. The largest investment was a USD 75m investment by General Atlantic in IPO-bound housing finance company PNB Housing. In effect, it was a pre-IPO deal. BFSI sector saw 3 other large deals.

1. www.indiabusinessreports.com
VC/PE deals in India – November 2016
Sector: Venture Capital (BFSI)
Nov-2016

2. 66 deals reported in Nov’16
www.indiabusinessreports.com 2VC/PE investments in India
Source: India Business Reports
50
59
53
57
67
59
65
91
80
96
84
84
87
85
78
75
68
73
59
49
70
59
72
66
NO OF DEALS

3. Amount invested – USD 392m
www.indiabusinessreports.com 3VC/PE investments in India
*Amount invested available only for 34 deals, 38 deals chose not to disclose details Source: India Business Reports
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16
Amount (USD million)
www.indiabusinessreports.com

4. YoY deal amount down 38%, deal count down 5%
www.indiabusinessreports.com 4VC/PE investments in India
0
10
20
30
40
50
60
70
80
90
0
200
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1000
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1400
Nov'15 Nov'16
Angel/VC/PE deals (Nov16)
Amount (USD m, LHS) No of Deals (RHS)
www.indiabusnessreports.com
730
740
750
760
770
780
790
800
0
2000
4000
6000
8000
10000
12000
14000
ytdFY15 ytdFY16
Angel/VC/PE deals (ytd Nov'16)
Amount (USD m, LHS) No of Deals (RHS)
www.indiabusnessreports.com

5. Most sectors other than internet doing well in deal count
www.indiabusinessreports.com 5VC/PE investments in India
Source: India Business Reports
 Healthcare, Education, Media, BFSI sectors see good trend in deal count
Deal Count Nov'16 Nov'15 ytd2016 ytd2015 2015
Internet 10 26 180 260 283
IT/ITES 9 5 76 97 111
Healthcare 7 4 96 47 51
Media & Entertainment 3 11 47 42 49
BFSI 9 6 69 59 63
Real Estate SPVs 3 3 42 48 54
Education 3 8 49 42 46
Food & Beverages 5 1 39 46 50
Others 17 21 157 153 174
Amount (USD M) Nov'16 Nov'15 ytd2016 ytd2015 2015
Internet 21 215 1000 2728 2761
IT/ITES 16 3 1010 909 1085
Healthcare 3 2 607 726 778
Media & Entertainment 4 91 126 367 369
BFSI 164 297 1082 2212 2296
Real Estate SPVs 79 19 1739 2183 2285
Education 3 39 157 103 109
Food & Beverages 0 6 255 262 307
Others 101 594 2134 3777 3943

6. Top 10 transactions for the month
www.indiabusinessreports.com 6VC/PE investments in India
Source: India Business Reports, internet
 BSFI sector hogs the limelight, with 4 transactions n top 10
Target Investor (s) Amount
($m)
Industry
General Atlantic PNB Housing 75 BFSI
Piramal Enterprises, APG Asset
Management
ACME Cleantech Solutions 73 Telecom
Altico Capital, KKR SARE Homes 64 Real Estate
GIC Capital First Ltd 51 BFSI
Eight Roads Ventures IFMR Capital 25 BFSI
Delta Partners Capital, Sequoia Knowlarity Communications 20 Telecom
Reliance Capital PE Square Yards Consulting 12 Real Estate
LGT Impact Ventures, SAIF AYE Finance 10 BFSI
Lightspeed Venture Partners Udaan.com 10 Internet
Sequoia Capital, Accel, Matrix Zarget 6 IT/ITES

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VC/PE investments in India

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