Late-stage funding in India remained strong in Q1 of 2020

“I expect growth-PE deals to pick up towards the end of this year,” said Pankaj Raina, Managing Director, Research and Investments, Zephyr Peacock India.

Raina added that potential buyout deals and late-stage distress deals will be available in highly leveraged industries, and from corporates willing to divest, in an attempt to raise debt to improve liquidity position.
Click here to read the full article on “The Hindu Business Line”
Below is an excerpt from the post that first appeared on The Hindu Business Line on 9 June 2020:

Late-stage funding in India remained strong in the first quarter of 2020, even as early-stage and growth-stage investments declined, compared to 2019.

According to data from Venture Intelligence, a firm that tracks private companies’ investments, financials and valuations, the total amount that went into late-stage companies was $1.8 billion in Q1 2020, a nearly 33 per cent increase from $1.36 billion in Q1 2019. Late-stage funding includes seventh or later rounds of institutional investments or investments into companies more than 10 years old.

Click here to read the full article on “The Hindu Business Line”