TLDR:
Private equity and venture capital investments in India dipped by 35% in 2023, with total investments at around $39 billion compared to $62 billion in 2022. Private equity investments dropped by 18% to $29.6 billion, while VC investments saw a sharper decline to $9.6 billion.
Key Points:
- Total private equity and venture capital investments in India declined by 35% in 2023.
- Private equity investments dropped by 18%, while VC investments decreased significantly by 63%.
The joint report by Bain & Company and IVCA highlighted the resilience of the Indian private equity landscape in 2023, with exit values surging by 15% to $29 billion. This was attributed to the sale of shares in 340 entities, marking a marquee year for Indian exits.
India’s emergence as a key player in Asia-Pacific PE-VC activity was emphasized, with an influx of capital from both domestic and global funds pointing towards a promising future, according to Indian Venture and Alternate Capital Association President Rajat Tandon.
