Data & Intelligence

India Data Insights (Mid-Year 2020)

EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel).

Bolstered by VC, India-focused fundraising remained on pace with previous years

In spite of the hurdles imposed by India’s widespread shutdown in response to COVID-19, India-focused funds raised USD2.5b in 1H 2020, on par with the USD2.3b raised in 1H 2019. Private equity funds saw a marked decrease, but private credit funds raised USD407m, including the launch of a USD300m credit platform co-sponsored by CDPQ and Piramal Fund Management, indicating continued interest in India’s debt markets despite a temporary suspension in bankruptcy enforcement and ongoing difficulties for the country’s NBFCs. VC strategies captured USD1.8b in commitments, led by a USD525m final close for Sequoia India Venture Fund VII and a USD825m final close for Sequoia India Growth Fund III. The latter is Sequoia India’s first dedicated late-stage venture fund since 2008, evidence that seasoned investors continues to see ample opportunities in India.

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

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

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