India has emerged as one of the fastest growing major economies in the world as per the Central Statistics Organization (CSO) and International Monetary Fund (IMF). As per speculations, it is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its concrete democracy and partnerships. India’s GDP is estimated to have increased 6.6 percent in fiscal year 2017-18, and is expected to grow furthermore by 7.3 percent in 2018 -19.
The Indian Market Sector Performance in April-June Quarter
PRIVATE EQUITY
Private equity (PE) firms invested a record $8.2 billion across 158 deals during the quarter ended June 2018. The quarter recorded a 60% jump compared to the $5.1 billion recorded for the same period last year, according to data from Venture Intelligence. Investments in this quarter were 112% higher than the previous quarter, which saw $3.9 billion being invested across 157 transactions. The latest quarter witnessed 24 PE investments worth $100 million (accounting for almost 83% of the total investment value) compared to just 10 such transactions last year. Of these, 12 were larger than $200 million each (accounting for 64% of the total value) compared to seven such investments in the year ago period.
The latest figures take the total PE investments in the first half of 2018 to $12.4 billion (across 315 deals) — a figure similar to that recorded in first half of 2017 (across 358 transactions). 2017 was the biggest ever year for PE investments in India, recording $23.5 billion across 660 deals.
IT & ITeS companies accounted for 31% of the PE investment pie ($2.6 billion across 83 deals), led by the GlobalLogic deal and included Temasek’s $250 million investment in UST Global. Internet & Mobile companies — Paytm e-Commerce ($450 million); PolicyBazaar ($236 million) and Swiggy ($210 million) — completed the list of ‘Top-5 PE Investments’.
This story is from the August 2018 edition of Mad About Money.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 2018 edition of Mad About Money.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Pharma In Focus
The pharmaceutical industry is one of the biggest paperintensive industries in the world and of course, is responsible for the health and general well-being of the population.
The Adhaar Story
Quite frankly, the Adhaar policy took the country by storm. The 12 digit number has promised to replace every proof of identity for all Indians to make any registration process much easier to navigate.
Why Millennials Wish They Had Grown Up In Baby Boomers' Times
Growing technology and evolving mindsets have caused disparity and to some extent a wide gap between the two generations. Yes, we are talking about Millennials and Baby Boomers.
The Public Provident Scheme
The PPF scheme was introduced by the Ministry Of Finance (MOF), govt. Of India in the year 1968 to encourage tax free savings by the people. People could deposit money in ppf accounts and the interest earned on those deposits were tax exempted.
Starting With A Silver Spoon Is Not Essential To Be Wealthy
Yes, probably we all envy the Mittals, the Kapoors, the Mallyas! Not because they are billionaires, but because the coming generation would also inherit the wealth and affluence that has been there since years. Perhaps, the great grandson of Vijay Mallya would be able to spend his entire life slurging and indulging into luxury without even stepping out of his house! Probably Taimur Khan, son of Saif and Kareena, would get casted in some big budgeted flick by some renowned filmmaker, to get launched without even struggling to show his acting skills.
The Indian Solar Energy Sector - Will It Make A Comeback In 2018?
The Indian Solar Energy Sector - Will It Make A Comeback In 2018?
Smart Investments In Smart Commercial Real Estate
Investing in Commercial Real Estate is no different from any other investments, specifically the traditional residential real estate investment, in the sense that it requires doing your proper research and homework before getting into it. However, to become a smart investor one needs to understand the subtle differences that commercial real estate investment has over the residential version of it.
Extravagant Lifestyles Of The Wealthy
If you happen to be an average person who thinks apple phones are all about the makers and impressive specifications you could be mistaken.
India Post Payment Bank Rollout Plan
May 2018 is an important month for various reasons, one of them being the India post payment banks PAN-India roll out from may! Refuting all the speculations of delays, etc.
Desi Startups For Microsoft Ventures
India recently has been booming with various startups, catering to the regular needs of people, with sound supply chain and operational planning. Considering the innovative ideas of the startups and their rapidly growing popularity, global tech giant Microsoft is looking at investing in Indian tech startups through its venture funding arm. This news came from a senior official from Microsoft. Definitely this is going to be a revolutionary step in Indian economy.
