Data & Intelligence

India 2021 Data Insight

GPs deployed a record USD29.5b in India, targeting longterm technology, healthcare, and infrastructure opportunities

Private capital deal value in India reached new highs in 2020, even as the pandemic and protests over agricultural reform have disrupted consumption patterns and the rollout of new policies. The pace of deal-making reflects investor confidence in the long-term potential of both traditional and new sectors. Pharmaceuticals, a mainstay of the Indian economy, attracted six USD100m+ deals, led by Carlyle’s USD490m commitment to Piramal Pharma and KKR’s USD421m investment in J.B. Chemicals. New technology areas like edtech have also attracted capital as COVID-19 forces more and more activities online. Private capital investors deployed over USD1b in online learning platform Byju’s over the course of 2020. Unacademy, which caters to older students preparing for exams, raised more than USD250m from fund managers, Facebook, and local tech entrepreneurs.

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EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

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Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company