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Today: July 8, 2024
January 3, 2024
1 min read

2023 sees a whopping 38% drop in PE-VC funding, a 5-year low!

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.

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