Vivek Soni
Partner and National Leader, Private Equity Services at EY India“The better than expected economic revival coupled with the spate of deals closed by PE and VC investors in the last 3-4 months of 2020 sends a very bullish signal on expected PEVC investment activity in 2021 more so when one takes into account the excess liquidity unleashed by central banks of US and Europe. Our view is that in 2021 PEVC investments will set a new high.Caveat- If the vaccination drive is unsuccessful and the second wave of pandemic hits India the situation would be different.2020 saw a record of all-time high deal value in PEVC investments and this is a big endorsement of India as a preferred destination in the eyes of global India. Now with other macro factors like excess liquidity in the global financial system ultra-low yields in developed countries need for global corporations to diversify supply chains and the changing geo-political dynamics put India in a sweet spot.”