PE-VC investments down 35% at $1.6 b in January
February 18, 2021
‘We expect things to pick up and retain our bullish outlook for 2021 for both PE/VC investments as well as exits’
Private equity and venture capital (PE/VC) investments in January 20201 stood at $1.6 billion across 80 deals, a 35 per cent fall from the same month last year, primarily on account of fewer large deals. From a sector perspective, e-commerce emerged as the top sector recording investments worth $689 million, the first time in over two years.
The investments were 77 per cent lower from December 2020 ($2.5 billion in January 2019 and $7.1 billion in December 2020). The reporting month also recorded three PE-backed initial public offerings (IPOs) worth $165 million, according to a report by Indian Private Equity & Venture Capital Association and EY (IVCA-EY).