Latest news with #PEVC
Economic Times
07-08-2025
- Business
- Economic Times
IIM Bangalore launches PEVC research centre with focus on industry-academia collaboration
Agencies Sanjiv Mehta, executive chairman at L Catterton India and former CEO of Hindustan Unilever, inagurates the Tony James COE for PEVC at IIMB The Indian Institute of Management Bangalore (IIMB) on Thursday launched the Tony James Centre for Private Equity and Venture Capital (PEVC), India's first dedicated Centre of Excellence focused on research, education and industry partnerships in the alternative investments sector. The centre is backed by a significant endowment from Mathew Cyriac, Chairman of Florintree Advisors and a 1994 PGP alumnus of IIM Bangalore. It is named after Tony James, former president and chief operating officer of Blackstone and a veteran of the global alternative investment industry. The initiative aims to bridge the gap between academic research and the evolving needs of India's private equity and venture capital ecosystem. The centre will support research, offer specialised courses, host industry-focused events, and serve as a platform for policy discussions. 'As the Indian investing market evolves, I believe it will need innovation and sophistication that suit the nuances of the Indian market', said Cyriac who is also the cofounder of of Yali part of the contribution, four classrooms at IIMB will be named after faculty members who influenced Cyriac's academic journey. The CoE will engage with stakeholders, including students, young professionals, PE and VC firms, IIMB's academic and research community such as doctoral scholars, and limited partners (LPs) who provide the capital for investments, IIMB said in a statement. During his address professor Dinesh Kumar, director in charge, IIMB, said, 'The reality is that high-quality research is capital-intensive. To attract and retain world-class talent and to invest in critical resources like data and infrastructure, significant funding is required.' He added that the CoE will help the institute move closer to becoming a research-led institution of global standing. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As RBI retains GDP forecast, 4 factors that will test the strength of Indian economy India's last cement IPO did not work. Can JSW Cement break that curse? Is Shadowfax closing in on its closest rival? Can Coforge's ambition to lead the IT Industry become a reality? Berlin to Bharuch: The Borosil journey after the China hit in Europe Stock Radar: Syngene International showing signs of momentum after falling 26% from highs; what should investors do? Two Trades for Today: A life insurance major for a 4.85% upmove, a mid-cap diesel engine maker for almost 7% rise Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Auto stocks: Yes, headwinds in the short term, but will structural change become tailwinds and prove analysts wrong?
Mint
31-07-2025
- Business
- Mint
India's first academic hub on Private Equity and Venture Capital: IIM Bangalore set to Inaugurate Tony James Centre
The Indian Institute of Management Bangalore (IIMB) is set to inaugurate the Tony James Centre for Private Equity and Venture Capital on 6 August. This will mark the launch of the first Global Centre of Excellence dedicated to research, education, and collaboration in the private equity and venture capital (PEVC) field in Asia's third-largest economy. The Centre, named after Blackstone's Hamilton "Tony" James, has been established with support from Mathew Cyriac, Chairman of Florintree Advisors, Co-founder of Yali Capital, and 1994 IIMB graduate. An MoU formalising the creation of the Centre was signed on 24 August 2024 between IIMB and Cyriac, the premier management institute said in an official statement, adding that it is one of the largest individual alumni contributions in the history of IIMB. "This is more than a tribute, it is a commitment to a future where Indian talent leads global investing conversations," Cyriac said ahead of the inauguration. Cyriac, a gold medalist of his batch and the 2025 recipient of IIMB's Distinguished Alumni Award, has made one of the most significant contributions in the institute's history. His donation supports the new Centre, scholarships for students pursuing finance in the PGP and Doctoral programmes, and naming four classrooms to recognise key faculty members. The inaugural event on 6 August will bring together prominent leaders from the global private equity and venture capital community. The ceremony will open with a welcome address by Professor Sourav Mukherji, Dean of Faculty and Dean of Alumni Relations and Development. Professor Dinesh Kumar, Director In-charge at IIM Bangalore, will deliver the opening remarks, introduce the newly launched Centre, and announce the appointment of Professor Ashok Thampy from the Finance and Accounting area as its Chairperson. Professor Thampy, who holds the Florintree Chair in Private Equity and Venture Capital at IIMB, will present the Centre's vision and outline its upcoming initiatives. "The Tony James Centre will be a catalytic force in shaping the future of PEVC in India and beyond. Through research, teaching, and sustained engagement with industry, we hope to cultivate a new generation of leaders who will redefine the dimensions of investment and enterprise," said Professor Thampy. Professor Ashok Thampy, who has been appointed as Chairperson of the Centre and holds the Florintree Chair in Private Equity and Venture Capital, will present the Centre's roadmap. "The Tony James Centre will be a catalytic force in shaping the future of PEVC in India and beyond," he said. Designed as a leading platform for academic research, industry engagement, and policy dialogue, the Centre aims to bring together global experts and develop deep insight into emerging private equity and venture capital trends. It also intends to nurture a new generation of finance professionals grounded in strong ethics and global best practices. To attend the launch event, kindly register HERE.
Entrepreneur
31-07-2025
- Business
- Entrepreneur
PE/VC Investments Dip in 2025 Amid Volatility, Start-Ups and FinTech Show Resilience
Private equity and venture capital investments in India increased by 11 per cent in 1H2025 compared to 2H2024 in value terms, according to a new EY-IVCA report. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Private equity and venture capital investments in India increased by 11 per cent in 1H2025 compared to 2H2024 in value terms, according to a new EY-IVCA report. In the first half of 2025, PE/VC investments totaled USD 26.4 billion, marking a 19 per cent decline year-on-year (USD 32.4 billion in 1H2024), but an 11 per cent increase over the second half of 2024 (USD 23.8 billion). This represents 47 per cent of the total investment value recorded in 2024. Deal activity also slowed, with 593 deals in the first half of 2025 (1H2025), down 16 per cent from 704 in the first of of 2024 and 9 per cent from 649 in 2H2024. Pure-play investments reached USD 18.3 billion in 1H2025, 3 per cent lower than 1H2024 (USD 18.9 billion) but 13 per cent higher than 2H2024 (USD 16.2 billion), accounting for 69 per cent of overall PE/VC activity. Vivek Soni, Partner and National Leader, Private Equity Services, EY India, said, "PE/VC investment activity has largely remained subdued in the first half of 2025, characterized by month-on-month volatility and a notable decline in both deal value and volume. Investor sentiment continues to be weighed down by a combination of macroeconomic factors and heightened geopolitical headwinds." Real Estate and Infrastructure sectors attracted USD 8.1 billion in 1H2025, reflecting a 40 per cent drop from 1H2024 (USD 13.5 billion) but a 6 per cent rise from 2H2024 (USD 7.6 billion). First half of saw 60 large deals aggregating USD 19.4 billion, a 15 per cent decrease from USD 22.7 billion across 69 deals in 1H2024. However, this marked a 26 per cent increase in value over 2H2024 (USD 15.4 billion across 57 deals). Large deals made up 73 per cent of total PE/VC investments in 1H2025. The largest deal was New Mountain Capital's USD 1.5 billion investment in Access Healthcare Services. Start-ups led investment activity with USD 6.8 billion across 366 deals, up 41 per cent by value from 1H2024 (USD 4.8 billion across 323 deals) and 32 per cent from 2H2024 (USD 5.2 billion across 322 deals). Financial services have consistently attracted the highest pure-play PE/VC investments over the last decade, receiving USD 75.4 billion since 2015. Notably, 61 per cent of this total has come in the past five years (since 2020). "The upcoming quarterly corporate earnings announcements will be a key indicator for market direction. While early signals such as strong GST collections, the recent rate cut by the Reserve Bank of India, and the IPO pipeline are encouraging, the outlook is cautiously optimistic given the concerns on earnings growth and the US-India FTA discussions that are stretching timelines. We expect that deal activity could gain momentum in the second half of the year as earnings performance and US-India FTA is behind us," said Soni. FinTech has emerged as the most favored sub-sector since 2020, drawing USD 16.5 billion, 36 per cent of total PE/VC funding since 2019. The sector continues to scale profitably, driven by rising incomes and the increasing formalization of savings. Asset and wealth management, in particular, is at a pivotal growth stage and is expected to expand exponentially over the coming decade.
Entrepreneur
24-06-2025
- Business
- Entrepreneur
PE/VC Investments For May 2025 Show Decline in Value
Private equity and venture capital (PE/VC) investments in India declined by 53 per cent in May 2025 compared to April 2025 in value terms, according to an EY-IVCA report. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Private equity and venture capital (PE/VC) investments in India declined by 53 per cent in May 2025 compared to April 2025 in value terms, according to an EY-IVCA report. Vivek Soni, Partner and National Leader, Private Equity Services, EY said, "May 2025 recorded US$2.4 billion in PE/VC investments, 68 per cent lower than investments in May 2024 and 53 per cent lower than in April 2025. The number of deals in May 2025 was 24 per cent lower year-on-year." Soni added that in May 2025, start-up investment deals emerged as the highest at USD 1.1 billion, followed by growth investments at USD 0.7 billion and from a sector point of view, financial services was the top sector in May 2025, recording USD 758 million in investments, followed by real estate at USD 380 million. PE/VC investments in May 2025 totalled USD 2.4 billion, 68 per cent lower than the USD 7.3 billion recorded in May 2024. This was also 53 per cent lower than the USD 5 billion recorded in April 2025. The number of deals in May 2025 declined by 24 per cent year-on-year, with 97 deals compared to 128 in May 2024, and 16 per cent compared to April 2025, with 115 deals, according to the recent EY-IVCA report. The report further states that start-up investments accounted for the largest share of PE/VC activity in May 2025, with US$1.1 billion deployed, which is a 21 per cent increase in value over May 2024 (USD 871 million). Growth investments ranked second, with USD 710 million invested in May 2025, down 71 per cent from USD 2.5 billion in May 2024. Credit investments reached USD 319 million, marking a 77 per cent year-on-year decrease (USD 1.4 billion in May 2024). Private investment in public equity (PIPE) investments totaled US$184 million, 38 per cent lower than May 2024 (USD 299 million). Buyout investments were the smallest segment at US$88 million, representing a 96 per cent decline from USD 2.3 billion in May 2024. "PE/VC activity continues to remain subdued, as reflected in the limited deal flow and reduction in large deals above USD100 million. Heightened geopolitical tensions, US tariff policy, and other external headwinds have dampened investor sentiment, resulting in a cautious and wait-and-watch approach. Further, the bid-ask spread between seller expectations and buyer valuations has not converged meaningfully as yet, dampening PE/VC investment activity," said Soni in the report. Companies in the financial services sector led the way in May in terms of funding with USD 758 billion across 21 deals, followed by real estate with USD 380 million. These two sectors accounted for 48 per cent of overall PE/VC investments. In terms of exits, May 2025 recorded 18 exits worth USD 1 billion, compared to USD 2.6 billion across 24 exits in May 2024 and USD 619 million across 16 exits in April 2025. The largest exit recorded during the month was Carlyle's sale of its 10 per cent stake in PNB Housing Finance for USD 320 million. The month recorded a total fundraise of USD 3 billion, compared to USD 608 million in May 2024 and USD 1.1 billion in April 2025. Quadria Capital, a healthcare-focused firm, raised USD 1.1 billion, intending to build a diversified portfolio of up to 10 market-leading companies, acquiring minority and majority stakes.
Entrepreneur
08-05-2025
- Business
- Entrepreneur
India Becomes APAC's #2 In Investment Destinations, PE-VC Market Rebounds
PE investments remained steady at USD 29 billion, as funds contended with higher valuations driven by buoyant public markets. Furthermore, India became the Asia-Pacific region's second-largest PE-VC destination with a 20 per cent share of total investment, displaying growing investor confidence in the country's macroeconomic stability. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. After two years of contraction, private equity and venture capital (PE-VC) investments in India recovered in 2024, rebounding close to 9% y-o-y to record USD 43 billion, according to a joint report by Bain & Company and Indian Venture Capital Association (IVCA). The report said that the resurgence was driven primarily by VC and growth investments, while PE dealmaking held steady. VC and growth investments surged by approximately 40 per cent, clocking 14 billion, driven by a sharp increase in deal volumes. The number of VC deals rose from 880 in 2023 to 1,270 in 2024, with a 2x jump in consumer tech funding to approximately USD 6 billion. In contrast, however, PE investments remained steady at USD 29 billion, as funds contended with higher valuations driven by buoyant public markets. Furthermore, India became the Asia-Pacific region's second-largest PE-VC destination with a 20 per cent share of total investment, displaying growing investor confidence in the country's macroeconomic stability. Karan Agarwal, Director, Wilson & Hughes, said that India's IPO landscape in 2025 reflects a more measured and mature ecosystem. "We're seeing founders treat the public markets as a long-term partnership, not just an exit. There's a clear shift from chasing sky-high valuations to prioritising governance, profitability, and market fit. For investors, this signals a healthier pipeline of companies that are built to last, not just list. It's a positive sign for India's capital markets and the broader entrepreneurial economy," said Agarwal. Buyouts also gained significance, accounting for 51 per cent of total PE deal value, up from 37 per cent in 2022. According to the report, funds are increasingly focused on acquiring high-quality assets across sectors to spur broader value creation and deploy capital at scale. The report also said that the country experienced a record year in domestic fundraising. Kedaara closed its largest-ever fund at USD 1.7 billion in 2024, while ChrysCapital secured USD 2.1 billion this year for the country's largest-ever domestic fund. Likewise, a growing number of funds with global presence and government-linked investors are upping the ante and their capital commitments to India, reinforcing its position as a premier investment destination in the Asia-Pacific region. Exit activity in India also surged in 2024, clocking USD 33 billion and growing at 16 per cent year over year as investors capitalized on richly valued public markets to monetize assets, said the report. Exits through public markets became a favourite among investors, increasing from 51 per cent of total exit value in 2023 to approximately 59 per cent in 2024, driven by a rise in IPO activity and block trades.
