The PEriodical_ The Quarterly Private Equity Newsletter - Q2CY2023

Presenting the 19th issue of The PEriodical – Our dossier of information, focusing exclusively on the VC/PE industry. The Quarterly Private Equity newsletter reviews the PE/VC deals during the quarter, exits, fundraises, sectors attracting the most investments, etc. Each issue of The PEriodical highlights one key sector of prime importance to the industry, underscoring the trends, disruptions, and growth that the sector entails.

The sector in focus for this issue of The PEriodical is Electronic Vehicles (EV).

India is right at the cusp of an EV revolution. The country’s concerted efforts in promoting EVs, coupled with its manufacturing prowess, expanding market, and emphasis on charging infrastructure and renewable energy, positions it as the next hub for EV production. Although still in the early stages, the industry offers PE funds one of the most promising investment opportunities in India and has seen reasonable interest as well. The investments received thus far show that select segments have received a disproportionate share- the largest being received by Original Equipment Manufacturers (OEMs) and Mobility as a Service (MaaS). To unlock the true potential of EVs in India, the need of the hour is the creation of an ecosystem that would help the industry to thrive. Thus, the PE funds may want to finalise their thesis about other segments sooner than later and make the most of the available opportunities.

In this issue, the ‘Across the Table’ section features the views of Mahesh Babu, CEO of Switch Mobility, on the significant role Switch Mobility is playing in the smooth and rapid adoption of EV buses in India.

We hope you find this issue interesting and exciting, covering everything significant in the space for Q2 CY2023.