IPO Investor Academy
February 27, 2025 at 03:24 AM
Morning Alert..
*India's venture capital funding jumps 70% in January, outpaces China*
India’s venture capital (VC) funding surged 69.7 per cent year-on-year (Y-o-Y) to $883.2 million in January 2025 from $520.5 million, driven by a sharp rise in deal volume, according to data from GlobalData. The number of VC deals also increased by 40.9 per cent to 131 from 93 in the same month last year. “This growth trajectory indicates that Indian startups are not only attracting a greater number of VC deals but are also securing larger amounts of capital, reflecting improved investor confidence in the market,” said Aurojyoti Bose, lead analyst at GlobalData. “India continues to remain among the top five markets globally for VC funding activity, both in terms of deal volume and value,” he added. Notable VC funding deals announced in India during the first month of the year include fundraising by building materials platform Infra.Market at around $121 million, $109.4 million funding in Neuberg Diagnostics, a diagnostic service provider, and $60 million fundraising by Leap Finance, an education financing company. According to an analysis by GlobalData, India accounted for 9.9 per cent of all VC deals announced globally during the month, while its share in terms of deal value stood at 3.6 per cent.
* Global market action*
Dow Jones – Up by 0.04% or 16.05 points
FTSE – Up by 0.72% or 62.79 points
CAC – Up by 1.14% or 92.85 points
DAX – Up by 1.68% or 383.84 points
Gift Nifty – Up by 0.14% or 30.50 points
*FII/DII activities*
FII – Sold 3529.10Cr worth of shares
DII – Bought 3030.78Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 20x
Nifty Bank – 12.8x
*Stocks with high delivery percentage*
LMW Ltd – 92.7%
Rainbow Children Medcare Ltd – 89.3%
Chalet Hotel Ltd – 83.5%
Ingersoll Rand India Ltd – 83.5%
Dr. Reddy`s Laboratories Ltd – 80.8%
*Commoditise updates*
Gold – Rs 85850/10gm, Silver – Rs 94621/kg, Brcrude – Rs 6006/barrel, Copper – Rs 859.10/kg.
*Corporate News*
Zydus launches vaccine for protection against new strain of influenza virus.
SpiceJet Q2 loss up; airline turns profitable in Q3 on lower fuel expenses.
Bharti Airtel confirm talks with Tata Group to merge their DTH segments.