The PEriodical - Quarterly Private Equity Newsletter_BDO in India 2018 - Q3CY18

• Buoyancy in fund raise, lower investment activity (mega category deals) and lesser PE exits mark the key highlights of PEVC activity in India for the Sept 2018 quarter
• Centre Stage of the quarter: (1) Mega deals and (2) New Valuation Benchmarks
• Information Technology, Financial Services, Consumer Staples and Industrials dominated the market contributing ~84% of total deal value
• The sector in focus for this issue of the PEriodical is Digital Payments, highlighting the deep scale of 750+ million smartphone users by 2022, ~3x increase in GDP per capita, robust digital infrastructure and an increasing number of affluent households, India is digitally transforming. Share of cash/non-cash transactions is expected to reverse (4 out of 5 payments made digitally) and multiple investment opportunities continue to emerge
• Across the table with A R Ramesh - Chief Project Officer for Bharat Bill Payment System covering NPCI and Bharat BillPay :
  • RuPay competes with VISA / MasterCard both in terms of value / volume market share
  • Bharat BillPay is quickly tracking digitisation of recurring payments with a flat fee value proposition. Multiple growth drivers for Bharat BillPay are in place
  • NPCI has a bouquet of multiple flagship products –RuPay, Bharat BillPay, UPI (recently launched UPI 2), NETC –all of which have showcased strong growth in digital payments/ transactions
• PE Treats / Chartbusters section captures a bird’s eye view of some interesting developments/ data points. 

We hope you find the PEriodical interesting and exciting, covering everything significant in the space for Q3CY18.