TLDR:
- Indian private equity and venture capital investments declined by 35% to USD 39 billion in 2023.
- VC investments saw a sharper drop from USD 25.7 billion in 2022 to USD 9.6 billion in 2023.
Article Summary:
The joint report by Bain & Company and IVCA revealed that Indian PE and VC investments decreased significantly in 2023. Private equity investments in India fell by 18% to USD 29.6 billion, while VC investments saw a more drastic decline to USD 9.6 billion. The report highlighted the resilience of the Indian private equity landscape amidst global economic uncertainties, noting a 15% increase in exit values to USD 29 billion. This positive outlook was supported by the influx of capital from both domestic and global funds, indicating a promising future for the PE-VC sector in India.