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India: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Internet of Things (LTM June 2022)

  • A total of 38 Private Equity/Venture Financing deals (pending and completed) were announced in the Technology, Media and Telecom of India, driven by Internet of Things, in the last twelve months resulting in a total deal value of over $294.4 million. In the LTM period, March 2022 turned out to be the most prolific in terms of deal size, with a total deal value of $66.5 million, resulting in an average deal value of $33.3 million during that month. On the other hand, the month of November 2021 was the most prolific in terms of deal volume, recording a total of 4 deals, resulting in an average deal value of $6.6 million during that month.

  • Of the 38 deals, the deal secured between Catamaran Ventures; Hashed; Hiro Capital; Korea Investment Partners Co Ltd; Lumikai Fund; Makers Fund and Pocket Aces Pictures Pvt Ltd, was the largest Private Equity/Venture Financing deal in the India Technology, Media and Telecom sector driven by Internet of Things, which was valued at $42.0 million and was completed on March 10, 2022. The second-largest deal was between Anthemis Group; Foundamental Capital; Quiet Capital; RIT Capital Partners Plc; Sequoia Capital India; Uncorrelated Ventures; Village Global VC and LocoNav, while the third-largest deal was between 9 Unicorns; Alteria Capital Advisors LLP; Brijesh Agarwal; Creation Investments Capital Management, LLC; InnoVen Capital India Pvt Ltd; Northern Arc Capital Limited; Sandeep Singhal; Stride Ventures; Venture Catalysts Private Limited and Shapos Services Pvt Ltd. The Anthemis Group; Foundamental Capital; Quiet Capital; RIT Capital Partners Plc; Sequoia Capital India; Uncorrelated Ventures; Village Global VC-LocoNav deal and the 9 Unicorns; Alteria Capital Advisors LLP; Brijesh Agarwal; Creation Investments Capital Management, LLC; InnoVen Capital India Pvt Ltd; Northern Arc Capital Limited; Sandeep Singhal; Stride Ventures; Venture Catalysts Private Limited-Shapos Services Pvt Ltd deal were valued at $37.0 million and $30.0 million, respectively. The fourth-largest deal was between AdvantEdge Partners; EPIQ Capital Group; Matrix Partners India; Motherson Lease Solutions Limited; Sequoia Capital India Advisors Pvt. Ltd.; Utsav Somani Investments, LP-Parviom Technologies Pvt Ltd valued at $25.0 million, whereas the deal between Aflac Ventures Fund; Kalaari Capital; Manipal Hospital; OMRON VENTURES Co., Ltd.; SOSV Investments LLC; Stride Ventures-Terrals Technologies pvt Ltd valued at $24.5 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $158.5 million and accounted for nearly 53.83% of the total deals (by value) announced during the last twelve months.

India: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Internet of Things (LTM June 2022)

Published: June 2022
Source: GlobalData

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