According to a report, private equity (PE) and venture capital (VC) investments in India dropped by 38% in 2023, reaching the lowest level in five years. A total of $29.7 billion was invested across 756 deals in Indian companies, compared to $47.6 billion in 2022. This decline in funding was seen across various sectors, including late-stage investing in the venture capital segment. However, the report also noted that 2023 saw 67 mega deals worth over $100 million, totaling $21.2 billion in investment. The largest PE-VC investment in 2023 was the $2.4 billion investment in Manipal Hospitals by Temasek and TPG Capital.
2023 sees a whopping 38% drop in PE-VC funding, a 5-year low!
Latest from Blog
Arch Venture Partners secures over $3bn for Fund XIII
TLDR: Arch Venture Partners has raised over $3 billion for Fund XIII. Investors in the fund include Alaska Permanent Fund and Rockefeller Brothers Fund. In a recent development, Arch Venture Partners has
Raising Your First Venture Fund: Tips for Success
TLDR: Samir Kaji, a seasoned venture capital professional, shares a six-point plan for raising a venture fund as a first-time fund manager. Key steps include staying focused on a niche, not worrying
Exploring China’s Quantum Computing Breakthrough and VC Trends
TLDR: ONCO stock surged over 80% in pre-market after Altos Venture acquired a stake Chinese low float stocks like DUO rose over 40% in sympathy with large caps Summary: The article discusses
The Blindspot: Venture Capitalists’ Go-To Tool with Fatal Flaw
TLDR: Nader Al-Naji, founder of Bitclout, was arrested for an alleged crypto scam involving VC giant Andreessen Horowitz as a victim. VCs’ pattern matching led them to invest in Al-Naji despite red
Korean startups seek corporate investors in challenging ecosystem climate
TLDR: Korean startups are seeking corporate investors as funding becomes harder to secure. The government in South Korea has relaxed CVC rules to attract more foreign investment. Korean startups are facing a