PE/VC investments plunge 75% to just $3.3 billion
Millennium Post Delhi|New Delhi 18November2022
Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report.
PE/VC investments plunge 75% to just $3.3 billion

MUMBAI: Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs.

However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers. According to Vivek Soni, a partner at EY said, PE/VC inflows fell 75 per cent to $3.3 billion in October on an annualised basis.

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ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة New Delhi 18November2022 من Millennium Post Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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