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January 4, 2024
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Bullish run rewards investors with whopping ₹1 lakh crore in exits

PE/VC investors in India have made almost ₹1 lakh crore (approximately $14 billion) in exits in 2023, thanks to the bull run in the stock market, according to a report by Nuvama. Midcap companies accounted for 50% of the total exit deals, with foreign investors such as Softbank and Warburg Pincus selling stock worth ₹81,200 crore. The financial sector saw the most exits, accounting for 45% of the total, followed by consumer discretionary and IT.

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