TLDR:
- PE-VC investments in India declined by 35% in 2023 to ~$39 billion.
- India remained a bright spot in Asia-Pacific despite the global slowdown.
Even as global PE-VC investments declined, India stood out in the Asia-Pacific region, according to a report by Bain & Company. Private equity and venture capital investments in India decreased by 35% in 2023 to approximately $39 billion, returning to pre-COVID activity levels. The report highlighted that traditional industries such as healthcare, energy, and manufacturing attracted significant investments. Additionally, Indian exits saw a surge in value and volume in 2023, with public market sales dominating the exit landscape. The report also provided insights into the expected deal-making scenario in 2024, predicting a focus on traditional sectors like infrastructure, healthcare, and renewable energy due to positive fundamentals and supportive policies. Overall, the report underlined the strong interest of both domestic and global investors in India’s PE-VC landscape, signaling a promising future for the country.
