PE-VC Investments drop 57% month-on-month to less than $1 Billion in Feb 2023; Exits drop by a third
Private Equity-Venture Capital (PE-VC) investments in Indian companies dipped to less than $1 Billion ($900 million across 45 transactions) during the Month of February 2023, shows data from Venture Intelligence, a research service focused on private company financials, transactions, and their valuations.
The deal value represents a 57% decline compared to the immediate previous month (which saw $2.1 Billion being invested across 76 deals) and an over 85% decline from February 2022 (which saw $6.3 Billion being invested across 127 deals). (Note: These figures include Venture Capital type investments, but exclude PE investments in Real Estate). The latest monthly figures take the total PE-VC investments during 2023 to $3 Billion (across 121 deals)
February witnessed 4 PE investments worth $100 million or more, compared to 6 mega deals in the previous month and 17 such transactions in February 2022
Exits Witness Decline
PE-VC firms harvested $600 million across 10 exit deals during February 2023- a decline of about 33% compared to the immediate previous month (which saw 15 deals worth $900 million).
The above data is sourced from the Venture Intelligence PE-VC Deal Database, India's first and most comprehensive database of Private Equity-Venture Capital transactions.