Consumer discretionary investments followed at USD 2.30 billion, up 32.2 per cent, while the financial sector experienced a marginal dip to USD 2.20 billion. Major deals included KiranaKart Technologies (Zepto) at USD 1.3 billion and Poolside AI SAS at USD 500 million.
The initial public offering (IPO) market in the Asia-Pacific (APAC) region demonstrated exceptional resilience in 2024, navigating challenges like high inflation and geopolitical tensions to deliver remarkable growth.
In the first eight months of 2024, the Asia-Pacific (APAC) market experienced a significant surge in IPO activity, with a total of 575 listings raising a combined USD 23.7 billion.
GlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 147.3 billion) in 2024 to an impressive Rs 24.1 trillion (USD 292.3 billion) by 2028. This translates to a compound annual growth rate (CAGR) of 18.7 per c
Despite a 30.3 per cent decline in the overall volume of VC deals, high-value investments exceeding USD 100 million surged by 27.4 per cent year-on-year (YoY), highlighting a notable pivot towards larger, more strategic funding opportunities.
GlobalData's Payment Cards Analytics reveals an upward trend in card payments in India. The market saw a remarkable 27.1 per cent increase in card payment value in 2022, fueled by a surge in consumer spending.
This represents a year-on-year (YoY) increase of 1.7 per cent in the number of deals and 15.6 per cent rise in the total funding value compared to the same period in 2023