Vivek Soni, Partner, EY said, “In our view, we may see 2021 PE/VC investments and exceed USD 70 billion and USD 50 billion respectively.”
Meanwhile, rival Grant Thornton India also came out with its Deal Tracker report, which suggested there were 597 transactions worth USD 30 billion in the September 2021 quarter, with initial public offerings (IPOs) of USD 5 billion.
“(Year) 2021 has seen more flexibility, digital revolt and inventive deal activity in recent months. This year saw growth every quarter and we expect the trend to continue for the coming quarters,” Its fellow peacemaker said.
The EY and IVCA report states that pure-play PE and VC investment, which excludes investments in real estate and infrastructure, recorded the highest quarterly value of USD 23 billion, 2.4 times of USD 9.7 billion recorded in the year-ago period and USD 14.1 billion recorded in June. 63 percent higher. 2021 quarter.
PIPE (private investment in public equity) investments recorded USD 1.3 billion in 23 deals in the reporting quarter, as against USD 1.8 billion in 18 deals in the year-ago period and USD 619 million in 18 deals in the June 2021 quarter.
Credit investments were recorded at US$ 1 billion in the September 2021 quarter, as against US$ 1.1 billion in the year-ago period and US$ 355 million in the previous quarter.
Withdrawals were recorded at US$ 11.3 billion in the September quarter, which is 15 times the value recorded in the year-ago period and 35 per cent lower than the previous quarter.
PE and You It said exits recorded an all-time high of USD 33.4 billion within the first nine months of 2021, mainly driven by large strategic exits.
Funds raised in the quarter stood at US$3.4 billion, compared to US$2.8 million in the year-ago period and US$1 billion in the June 2021 quarter.