A Moneycontrol article on the effect of demonetisation on Private Equity and Venture Capital Investments quotes Venture Intelligence data.
According to latest data by analyst firm Venture Intelligence, VC investments in nine months of 2016 dropped 24 percent to 290 deals (worth USD 1 Billion) compared to 381 deals (worth USD 1.5 Billion) in the same period 2015. PE investments in the first 9 months of 2016 to USD 10.6 billion across 443 transactions – down 23 percent compared to USD 13.8 billion across 594 deals in the same period in 2015, the report added.