chennai calender year 2018 is turning out to be the biggest year for pevc exits driven by the walmartflipkart deal the year so far saw 2195 billion worth exits were made till date through 164 deals say data from research firm venture intelligence while 2017 saw 145 billion the whole year previous years saw less than 10 billion analysts point out that while the flipkart deal contributed to a chunk of the deal size in terms of value the mood among investors also favours exits ipos ma exits and acquihires have contributed to the 165 deals so far among ipos the engineering firm varroc went public where tata capital sold its entire stake in the company au finance saw kedaara capital and warburg making a partial exit said arun natarajan md venture intelligence while unicorns raising funds and consequently giving exits to smaller investors there is an emergence of funds such as tr capital and madisson which concentrate mainly on secondary investments paving way for more exits fashion ecommerce player nykaa saw tvs capital exit its stake to lighthouse ventures in a rs 113 crore deal and edtech startup unacademy gave an exit with 150 internal returns to waterbridge that invested 1 million in 2016 besides investors from china and japan entering the scene have increased the scope for early stage investors to see greater returns said sanjay swamy managing partner prime venture partnersand it is not just secondary strategic investors that give profitable exits mature startups that acquire stakes for inorganic growth also have a role to play while ecommerce saw livai acquired by flipkart and amazon acquiring tapzo other deals this year include oyo taking mumbaibased able plus byjus acquired bengalurubased math adventure phonepe acquired zopper paytm acquired cube26 among others idg ventures vp karan mohla adds that with increasing valuation mature startups such as cleartrip and practo are also acquiring startups giving exits to angelseven as exits remain on the higher side the sentiment would be dependent on the behaviour of the indian rupee and the public markets adds natarajan the elections also have a major role to play in sustaining investments even then the consumerfacing businesses would not see an impact infrastructure companies may be affected he said