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Today: July 14, 2024
July 1, 2024
1 min read

Private Equity & Venture Capital Firms Invest $83 Billion



TLDR:

  • Private Equity and Venture Capital firms invested over $8.3 billion in the June quarter.
  • This was 30% higher than the funding in the March quarter, but 33% lower compared to the same quarter last year.

Private Equity and Venture Capital firms invested over $8.3 billion in the June quarter, marking a 30% increase from the previous quarter but a 33% decrease compared to the same period last year. A total of $14.6 billion was invested in the first six months of 2024, which is 24% lower than the same period in 2023. The June quarter saw 22 mega deals of over $100 million, with IT & ITES industry attracting the most investments totaling $3.5 billion. The healthcare and life sciences industry also saw significant investments, with the second biggest deal of the quarter being KKR’s $840 million acquisition of a medical devices maker. Overall, the private equity and venture capital investment landscape in India remains dynamic and robust despite fluctuations in funding levels.


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