Total technology industry venture financing deals in Q4 2020 worth $673.86m were announced in India, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked a decrease of 56.4% over the previous quarter and a drop of 30.1% when compared with the last four-quarter average of $964.53m.

India held a 1.7% share of the global technology industry venture financing deal value that totalled $40.93bn in Q4 2020.

In terms of deal activity, India recorded 156 deals during Q4 2020, marking a drop of 4.9% over the previous quarter and a rise of 19.1% over the last four-quarter average.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

India technology industry venture financing deals in Q4 2020: Top deals

The top five technology industry venture financing deals accounted for 54% of the overall value during Q4 2020.

The combined value of the top five technology venture financing deals stood at $363.75m, against the overall value of $673.86m recorded for the quarter.

The top five technology industry deals of Q4 2020 tracked by GlobalData were:

1) Google and Mithril Capital Management’s $145m venture financing of Glance Digital Experience

2) The $100m venture financing of Pine Labs by Lone Pine Capital

3) South Lake Investment’s $59.75m venture financing of Imagine Marketing

4) The $32m venture financing of MarketXpander Services by Gaja Capital Partners, Jyoti Bansal and Stakeboat Capital Fund

5) Bon Angels Partners, Daesung Investment, Kraftton, Naver, Shinhan Capital and SoftBank Ventures Asia’s venture financing of Balance Hero for $27m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.