Total technology industry cross border venture financing deals worth $1bn were announced in India in June 2021, led by $350m venture financing of Think and Learn, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 74.5% over the previous month of $3.96bn and a rise of 32.8% when compared with the last 12-month average of $760.85m.
India held an 8.01% share of the global technology industry cross border venture financing deal value that totalled $12.61bn in June 2021.
In terms of cross border venture financing deal activity, India recorded 37 deals during June 2021, marking an increase of 85.00% over the previous month and a rise of 85.00% over the 12-month 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.
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 formBy GlobalData
India technology industry cross border venture financing deals in June 2021: Top deals
The top five technology industry cross border venture financing deals accounted for 75.7% of the overall value during June 2021.
The combined value of the top five technology cross border venture financing deals stood at $767m, against the overall value of $1.01bn recorded for the month.
The top five technology industry cross border venture financing deals of June 2021 tracked by GlobalData were:
1) ADQ Holding, Eric Yuan, Phoenix Rising Beacon Holdings, The Blackstone Group and UBS Group’s $350m venture financing of Think and Learn
2) The $192m venture financing of Delightful GourmetLtd by 3ONE4 Capital Partners, Akshay Ghulati, Bertelsmann Nederland, Brunei Investment Agency, Multiples Alternate Asset Management, Narshing Dass Makkar and Vertex Ventures US
3) SoftBank Vision Fund II’s $90m venture financing of Quicko TechnoSoft Labs
4) The $70m venture financing of Apnatime Tech by Greenoaks Capital Management, Insight Partners, Lightspeed India Partners, Rocketship.vc, Sequoia Capital India and Tiger Global Management
5) Alpha Wave Incubation Fund, Blume Ventures, GSV Ventures, RTP Global and Tiger Global’s venture financing of Bunch Microtechnologies for $65m.