New Delhi, 7 May (IANS). India’s private equity and venture capital (PE-VC) investment has improved in 2024, which increased by about 9 percent to $ 43 billion through about 1,600 deals. Traditional regions carried forward market growth. This information was given in a report on Wednesday.
According to Ben & Co. reported, this reform strengthened India’s position as the second largest PE-VC destination in Asia-Pacific, which acquired about 20 percent of the total investment and showing the growing investor in the country’s comprehensive economic stability.
India’s overall growth was mainly powered by VC and development investments, PE investment maintained stability at $ 29 billion, as the funds navigated into faster public markets with high evaluation, making it more challenging to shut down the deal.
Partner Pyaar Kashyap, partner of Ben & Co. said, “We are looking at a clear changes towards by-out deals, increasing from 37 percent in 2022 to 51 percent in the total PE Deal value in 2024. It has increased to 51 percent. It shows strategic emphasis on securing control positions in high-quality assets in various fields.”
Traditional sectors like Real Estate and Infrastructure, IT/ITES, Financial Service, Health Service led Funding. Whereas, other traditional sectors such as energy, manufacturing declined after two years of growth, with a cool year to close the deal between high evaluation and growing competition by public market.
Real Estate and Infrastructure led the pack with 16 percent of the total PE-VC investment, which records an increase of about 70 percent in the deal value as compared to the previous year. The financial service saw a strong growth of about 25 percent, which is run by NBFC.
The report stated that 2024 was an important year for exit. India’s exit overtaken all other markets in Asia-Pacific, with an impressive price to $ 33 billion, which shows a 16 percent increase on an annual basis.
-IANS
SKT/ABM
