TLDR:
PE/VC investments in India rose by 8% to USD 31.5 billion in the first half of 2024. Major deals totaled USD 22.6 billion, with notable investments including Brookfield and ADIA/KKR. Exits also increased by 18% to USD 11 billion. The number of deals rose to 654, up from 441 in the previous six months. Pure play PE/VC investments (excluding real estate and infrastructure) were 20% higher at USD 18.6 billion. Large deals over USD 100 million totaled USD 22.6 billion, and exits were up 18% at USD 11 billion. The report also mentioned a 30% rise in exits compared to the second half of 2023.
PE/VC investment rises 8 pc to USD 31.5 bn in Jan-Jun: Report
Private equity and venture capital investments in India surged by 8% to reach USD 31.5 billion in the first half of 2024, according to a report by industry lobby IVCA and consultancy EY. The report highlighted the following key points:
- PE/VC investments reached USD 31.5 billion in H1 2024, up 8%.
- Deal volume rose to 654, with major deals totaling USD 22.6 billion.
- Notable investments include Brookfield’s USD 2 billion and ADIA/KKR’s in Reliance Retail Ventures.
- Exits increased 18% to USD 11 billion, a 30% rise over H2 2023.
From a volume perspective, the number of deals increased to 654 during the six months from 441 in the preceding six months and 439 transactions in the year-ago period. Major deals included Brookfield’s acquisition of ATC India Tower Corporation for USD 2 billion. Exits were also up by 18% in terms of value at USD 11 billion compared to the year-ago period.
