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| − | =India’s place in the world=
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| − | ==2014: among world's top 3 ==
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| − | Shilpa Phadnis
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| − | [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=India-among-worlds-top-3-VC-destinations-22012015001054 ''The Times of India'']
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| − | Jan 22 2015
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| − | ''' India among world's top 3 VC destinations '''
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| − | India received the third highest venture capital funding ($4.6 billion) in the world in 2014, after US ($58.9 billion) and China ($8.9 billion). Bengaluru was fifth in a list of cities globally, an indication of the growing vibrancy of its startup ecosystem. San Francisco, one of three American cities in the top 5, led the list with $13 billion of VC investments, followed by Beijing ($6.4 billion), New York ($5.7 billion), Palo Alto ($3.2 billion) and Bengaluru ($2.6 billion). The list has been put together by Crunchbase, a global startup ecosystem database.
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| − | Ravi Gururaj, chairman of the Nasscom Product Council, said India enjoyed a record crop of VC investments in the second half of 2014 and the wave was showing no sign of slowing down.
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| − | “This was kicked off by the historic election results which boosted investor confidence tremendously ,“ Gururaj said. “Additionally, private equity investors worldwide, particularly those that missed out on the meteoric rise in Chinese startup valuations, flocked to high performing Indian consumer startups determined not to miss out on a fast ride on the `India Startup Express'.“ Sanjeev Aggarwal, cofounder of Helion Ven ture Partners, said Bengaluru's lead position was because of its ability to attract tech talent. “The virtuous cycle kicked in with Infosys and Wipro, followed by global captives coming in large numbers.Engineers employed with companies like Google and Yahoo wanted to experiment with new ideas, and that has spawned a startup culture. Mobile apps and cloud have reduced entry barriers to build companies,“ he said. CrunchBase does not give a breakup of the investments in each city. In Bengaluru's case, a significant portion of the $2.6 billion would likely be on account of Flipkart's two rounds of funding that happened last year. The e-commerce company received an estimated $1.7 billion.
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| − | Parag Dhol, managing director of Inventus Advisors India, believes Bengaluru's startup ecosystem is beginning to have a multiplier effect. “You have an ecosystem where companies have gone public, there are good product startups, and new age entrepreneurs are turning into angels. In that sense, success begets success.Venture capitalists are looking at India with a fresh set of eyes,“ he saidAggarwal noted that capital was going particularly to the leaders who are building companies in large underserved markets, companies like Flipkart, Snapdeal and Ola. “Investors are paying a leadership premium,“ he said. Japanese internet giant Softbank invested $627 million in Snapdeal and $210 million in Ola Cabs in 2014.
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| − | =China vis-à-vis India=
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| − | ==First quarter of 2015==
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| − | [[File: venture capital number of deals.jpg|Number of deals: India and China; Graphic courtesy: [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=India-tops-China-in-No-of-tech-VC-02052015023012 ''The Times of India'']|frame|500px]]
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| − | [http://epaperbeta.timesofindia.com//Article.aspx?eid=31808&articlexml=India-tops-China-in-No-of-tech-VC-02052015023012 ''The Times of India''], May 02 2015
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| − | Anand J & Shilpa Phadnis
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| − | ''' But dragon still dominates in total funding '''
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| − | '' India tops China in No. of tech VC deals ''
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| − | In a sign of the rising opportunities in India, the country outpaced China in the number of deals struck by venture capital (VC) funds in the first quarter of 2015.
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| − | India saw 69 deals happening in the first quarter as against China's 66, according to a report by CB Insights, a New York-based firm that tracks VC funding. India saw the most deal growth among Asian countries, at 60% compared to the first quarter of 2014, when the number of deals stood at 43.
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| − | China was still ahead of India in terms of deal value at $2.99 billion. India's funding stood at $1.35 billion. For India, this was a rise of 225% over the same quarter of the previous year. Both countries reported a drop in the quantum of money raised from the last quarter of 2014. Japan saw 28 startup deals by VCs during the first quarter.Overall the top 3 countries in Asia accounted for 66% of all deals to VC-backed tech companies in Asia in Q1 of 2015.
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| − | Sunil Rao, country head of the startup programme in Google India, said India is on the same trajectory that China was in 2007-08 with respect to the number of startups emerging from the country and the number of internet users. “The country will reach 500 million nternet users in two-three years and the gap won't be much now . Even the GDP growth rates are around the ame levels,“ he noted.
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| − | According to the CB Insights, Chinese startups consti uted 12 of the top 15 startup deals in Asia while India star ups constituted the rest. For he first time, India has raised more than $1 billion for three consecutive quarters. Rao said China would continue to see arger valuations as it is a much arger market.
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| − | Mohan Kumar, partner, Norwest Venture Partners, said one quarter is too early to say anything about a trend. “Hav ng said that, China has recorded $3 billion in annual investment in the last five years.There are a few positives on he Indian side with the economy picking up steam. If we can eplicate China's growth in the last decade by growing at 10%, the catch-up could be possible in a few years. We have to give it 3-4 quarters before saying India is beginning to outshine China,“ he said.
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| − | Sequoia Capital was the most active investor in India in the quarter, the CB Insights report said. The VC firm participated in three of the six largest deals of the quarter FreeCharge, CarDekho, and NewsHunt. Tiger Global Management was the second most active investor, with multiple early-stage deals to companies including Grofers, News in Shorts, and MoonFrog Labs.“After a big Q4 2014 which featured six $500-million plus rounds, Asian VC-backed tech companies came slightly back down to earth, raising $4.8 billion on 247 deals. The funding total is still the second highest total since 2013, up 95% versus the same quarter a year prior,“ the report said.
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| − | ==2020> 2021==
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| − | [[File: Venture capital in China vis-à-vis India, 2020- 2021.jpg| Venture capital in China vis-à-vis India, 2020> 2021 <br/> From: [https://epaper.timesgroup.com/olive/odn/timesofindia/shared/ShowArticle.aspx?doc=TOIDEL/2021/11/25&entity=Ar02305&sk=9682B6A9&mode=image Nov 25, 2021: ''The Times of India'']|frame|500px]]
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| − | '''See graphic''':
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| − | '' Venture capital in China vis-à-vis India, 2020> 2021 ''
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| − | =Regions that attract Venture capital funds=
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| − | ==Mumbai and NCR ahead of Bangalore==
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| − | [[File: Venture capital funds, year-wise 2011-June 2015.jpg|Venture capital funds, year-wise: 2011-June 2015; Graphic courtesy: [http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Mumbai-NCR-beat-Bluru-in-VC-funding-10072015025071 ''The Times of India''], Jul 10 2015|frame|500px]] | + | |
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| − | [http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Mumbai-NCR-beat-Bluru-in-VC-funding-10072015025071 ''The Times of India''], Jul 10 2015
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| − | Anand J
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| − | ''' Mumbai, NCR beat B'luru in VC funding '''
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| − | For the first time since 2011, Bengaluru has been surpassed by both the national capital region (NCR) and Mumbai in attracting venture capital (VC) funding. Data for the first six months of the year compiled by Venture Intelligence, a firm that tracks funding, finds that Bengaluru attracted $311 million in VC funds, while Mumbai received $772 million and NCR $621 million.
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| − | The second half of the year tends to attract more VC funding, and a few big rounds could change this order. But the interesting thing is that Mumbai has received in the six months of this year as much funding as in the whole of last year, and Chennai has already received much more.
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| − | “Most big ecosystems have multiple hubs,“ said Rajesh Sawhney , founder and CEO, GSF Accelerator. While the US has strong centres like New York, Boston, Austin, Seattle and Atlanta, besides Silicon Valley, China has Shanghai, Beijing and Shenzhen, he said. The data is based on the cities that companies are registered in. Ola and Quikr are registered in Mumbai, but have moved their headquarters to Bengaluru. The two ventures were the biggest fund raisers in the first half, with Ola raising $400 million and Quikr raising $150 million. If headquarters and where the CEO sits are taken as the basis for the data, Bengaluru still remains on top.
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| − | NCR has been a big base for multinational companies, and its big consumer market has created large consumer internet companies like Snapdeal, Paytm and Zomato. “NCR has a good balance, with talent that has good IT product experience, and the city is not expensive like Mumbai. Apart from the Powai area near Mumbai, it is difficult to find hardcore technology talent in Mumbai,“ said T C Meenakshisundaram, founder and MD of IDG Ven tures, a venture capital firm.
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| − | Snapdeal opened a technology centre in Bengaluru this year. “At scale, companies will find even NCR to be talentcrunched. You won't find Bengaluru firms opening technology centres in NCR,“ said Meenakshisundaram, adding that Bengaluru will remain the Silicon Valley of India. Last year, the amount Bengaluru attracted was almost double that of NCR and thrice that of Mumbai. Chennai, Pune and Hyderabad were the other cities that attracted sizeable VC funds, but were almost one-fifth or onesixth for most years from 2011.
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| − | Pranay Chulet, CEO and co-founder, Quikr, an online classifieds portal that is valued at more than a billion dollars and which moved to Bengaluru six months ago, said, “Moving to Bengaluru was the right thing to do, and that is blindingly clear to us now.“
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| − | =The unicorn club=
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| − | ==2016==
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| − | [[File: Top 10 Internet Unicorns from India.jpg|Top 10 Internet Unicorns from India; Graphic courtesy: [http://epaperbeta.timesofindia.com/Gallery.aspx?id=17_08_2016_029_033_010&type=P&artUrl=Hike-app-turns-into-unicorn-as-Tencent-Foxconn-17082016029033&eid=31808 ''The Times of India''], August 17, 2016|frame|500px]]
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| − | [http://epaperbeta.timesofindia.com/Gallery.aspx?id=17_08_2016_029_033_010&type=P&artUrl=Hike-app-turns-into-unicorn-as-Tencent-Foxconn-17082016029033&eid=31808 ''The Times of India''], August 17, 2016
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| − | The unicorn club in India includes the likes of e-commerce biggies Flipkart and Snapdeal, taxi aggregator Ola, Paytm, data cruncher Mu Sigma and mobile ad network InMobi. When contacted by TOI, Quikr founder Pranay Chulet, an IIT-Delhi and IIMCalcutta alumnus, did not offer any comments on the secondary round in the company . However, private equity firm Kinnevik said in a statement while announcing its quarterly results that it had invested $20 million as a secondary share purchase in Quikr, making it the largest shareholder in the company . It has so far invested about $84 million controlling an 18% stake in the company . The secondary share transactions in July valued Quikr at $900 million, according to Kinnevik.
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| − | Amid all the cash burn and eye-popping valuations, early investors in India's bur geoning e-commerce sector are beginning to book profits.Exits of early investors via secondary transactions is a healthy trend considering most VCs have found very few exits in India.
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| − | In April 2015, Kinnevik had invested $40 million, which was part of the $150-million funding led by Tiger Global. All told, Quikr has raised $350 million in capital (excluding the latest secondary round), and competes directly with OLX, which is backed by the South African internet and media giant Naspers. Financing in venture capital-backed companies in India soared to a total of $2.3 billion in the second quarter of this year, doubling from the January-March period, as earlyto-late stage investors continued to pour top dollar in the country's fast-growing emerging businesses. In this period, as many as 122 companies raised new financing rounds with the big-hitting hedge funds and other crossover investors propping up valuations in a heated tech market.
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| − | Bangalore-based companies raised $740 million across 26 deals, largely anchored by Flipkart's $550-million financing round, while Mumbai was second raising $605.6 million across 17 deals, including Ola's $400 million round led by DST Global, said a report by New York-based VC tracker CB Insights in partnership with KPMG.
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| − | “This is a banner quarter in India for both deals and dollars. Deals were up 94% and total investment was up 178% versus the same quarter a year prior. Tech made up almost 80% of all the VC-backed activity in India, including 9 of the 10 largest deals. Moving forward, we expect similar ranges for India. Funding will most certainly stay above $1 billion per quarter; however, megarounds like those seen in the past three months (four deals of $100 million and more) will dictate if quarterly funding reaches $2 billion or more,“ said CB Insights' Michael Dempsey .“We also expect to see the most active investors in Asia continue to invest heavily in India. A mix of traditional VC money , along with hedge funds, private equity investors and corporates like Tencent and Alibaba, helped funding shore up in Asia and India.“
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| − | In the three months ended June, Asian VC-backed companies, led by the likes of Flipkart, Ola and Korea's Coupang, collectively raised $10.1 billion across 313 deals, highlighting the fund-raising prowess of these Asian startups. Sequoia Capital India along with SAIF Partners topped as the two most active VC funds in all of Asia in the second quarter, according to the report.
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| − | “Up until a year ago, most of the large-scale funding was done by the bigger horizontal ecommerce players. But now we are seeing hyper growth in several segments like on-demand services in travel, food, real estate, classifieds and payments.This second wave of funding interest beyond e-commerce in different sectors shows the depth of the ecosystem,“ Google India managing director Rajan Anandan told TOI.
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| − | =YEAR-WISE STATISTICS=
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| − | ==1998-2014==
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| − | [[File: Venture capital, private equity growth in India, 1998-2014; average enterprise valuation1.jpg| Venture capital/ private equity growth in India, 1998-2014; Average enterprise valuation; Graphic courtesy: [http://epaperbeta.timesofindia.com/NasData/Publications/TheTimesOfIndia/Delhi/2015/10/30/Photographs/030/30_10_2015_030_036_002.jpg ''The Times of India'']|frame|500px]]
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| − | [[File: Venture capital, private equity growth in India, 1998-2014; average enterprise valuation2.jpg| Venture capital/ private equity growth in India, 1998-2014; Average enterprise valuation; Graphic courtesy: [http://epaperbeta.timesofindia.com/NasData/Publications/TheTimesOfIndia/Delhi/2015/10/30/Photographs/030/30_10_2015_030_036_002.jpg ''The Times of India'']|frame|500px]]
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| − | See the graphics,
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| − | ' Venture capital/ private equity growth in India, 1998-2014; Average enterprise valuation '
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| − | ' Venture capital/ private equity growth in India, 1998-2014; Average enterprise valuation2 '
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| − | ==April-June 2015==
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| − | [[File: Venture Capital, Investment and number of deals.jpg|Venture Capital: Investment and number of deals; Graphic courtesy: [http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=VC-backed-cos-raise-23bn-in-Apr-June-23072015024005 ''The Times of India'']|frame|500px]]
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| − | [http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=VC-backed-cos-raise-23bn-in-Apr-June-23072015024005 ''The Times of India''], Jul 23 2015
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| − | Samidha Sharma & Anand J
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| − | ''' VC-backed cos raise $2.3bn in Apr-June '''
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| − | '' Kinnevik, Falcon, Coatue participate in secondary round '''
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| − | Online classifieds major Quikr is close to joining the elite group of tech companies valued at a billion dollars, also called unicorns, after it recently completed a $60-million secondary round. Existing Swedish investor Kinnevik and two new investors -hedge fund Falcon Edge and Coatue Management -participated in the latest round, valuing Quikr at $900 million.
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| − | Early investors in Quikr -including Matrix Venture Partners, Nokia Growth Partners, Norwest Venture Partners, Warburg Pincus and Omidyar Network -have part sold shares fetching them handsome returns, sources close to the development said. A secondary sale is when an existing investor sells shares to a new one or the promoter at the company's current valuation. The money does not come into the company's coffers.
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| − | ==2019> 2020==
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| − | [[File: PE, VC investments in India, 2019- 2020.jpg|PE/ VC investments in India, 2019> 2020 <br/> From: [https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2020%2F04%2F30&entity=Ar01302&sk=1987E871&mode=image April 30, 2020: ''The Times of India'']|frame|500px]]
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| − | '''See graphic''':
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| − | '' PE/ VC investments in India, 2019> 2020 ''
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| − | [[Category:Economy-Industry-Resources|V VENTURE CAPITAL FUNDING: INDIA
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| − | =See also=
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| − | [[Digital health technologies: India]]
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| − | [[Financial Secrecy Index and India]]
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| − | [[Foreign currency inflows, outflows: India]]
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| − | [[Foreign Direct Investment (FDI): India]]
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| − | [[Foreign Portfolio Investors (FPI): India]]
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| − | [[Private equity investments in India]], this page includes statistics that club '''PE/ VC capital''' together
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