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Laxman Pai, Opalesque Asia: While billion-dollar deals remained mostly non-existent during the second quarter (Q2) of 2021, low-value deals (? US$10m) accounted for most of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region.
According to GlobalData, the region saw the announcement of 1,252 deals (with disclosed deal value) during the quarter with low-value deals dominating the VC investment landscape with a 56.2% share of the overall investment volume.
Deals valued more than US$100m and US$1bn accounted for just 5.4% and 0.1%, respectively. The quarter witnessed the announcement of a one-billion-dollar deal, it said.
VC investment volume (deals with disclosed deal value) remained at the same level in April and May with 396 deals while deal volume increased by 16.2% to 460 in June 2021.
In April 2021, low-value deals as a percentage of the total deal volume stood at 57.6% while the share of deals valued more than US$100m stood at 6.1%. The share of low-value deals as a percentage of the total deal volume stood at 57.1% in May while the share of deals valued more than US$100m at 5.1%.
Meanwhile, in June, the share of low-value deals accounted for 54.3% and the share of deals valued more than US$100m stood at 5.2%. The month witnessed the announcement of the one-billion-dollar deal. In fact, it was the only month to see billion-dollar deal announcement.
Aurojyoti Bose, the Lead Analyst at GlobalData, said: "Low-value deals have been...................... To view our full article Click here
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