TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Investcorp, a global investment manager specializing in alternative investments, today outlined the growth and investment opportunities in India’s digital economy driven by digitization and accelerated by Covid-19 in a recently released white paper , “Digital India: The $ 1 Trillion Opportunity”.
The white paper finds that India’s demographic advantage and rising incomes strongly position the country as the world’s fastest growing digital economy – unlocking $ 1 trillion in value (up from around $ 250 billion). dollars in 2020) and accounting for over 25% of India’s income. Global GDP by 2025.
The paper provides insight into how India is on its way to becoming a digital premier economy, how the country has changed its digital landscape, and the reasons for increased interest in investment despite the pandemic. .
Gaurav Sharma, Head of Private Equity at Investcorp India, said: “The global pandemic and the lockdown that followed has accelerated digitization in India. Investors will continue to seize the opportunity in India over the next five years, thanks to a strong digital infrastructure, continued business innovation and a strong investor appetite. “
The white paper notes that the country is witnessing the addition of 15 new unicorns in the first half of 2021 alone, with these players raising a total of US $ 6 billion for a combined valuation of US $ 28 billion.
He concludes that investors will need a combination of deep networks, local on-the-ground presence, technological expertise and multi-cycle / stage investment experience to capitalize on this business creation opportunity. value.
In India, Investcorp has invested in consumer technology, healthcare, financial services, retail, SaaS, e-commerce and technology sectors.
Its investments over the past four years include Intergrow Brands, Bewakoof.com, Freshtohome, Zolo, InCred, Citykart, ASG, NephroPlus, Unilog, XpressBees and Safari Industries. The full white paper is on www.investcorp.com