PE-VC Investments rises 2.2x month-on-month to $5.2 B in April; Exit Value drops over 30%

Private Equity-Venture Capital (PE-VC) Investments in Indian companies have risen to $5.2 Billion (across 55 transactions) during the Month of April 2023, shows data from Venture Intelligence, a research service focused on private company financials, transactions, and their valuations.

The deal value represents a 2.2x increase compared to the immediate previous month (which saw $2.4 Billion being invested across 62 deals) and a 13% decline from April 2022 (which saw $6 Billion being invested across 118 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 $10.9 Billion (across 240 deals)

PE-VC Investments in India
Period	No. of Deals	Amount ($B)
2023 YTD*	240	10.9
2022	1,299	46.7
Apr/2023	55	5.2
Mar/2023	62	2.4
Apr/2022	118	6.0
		Source: Venture Intelligence
Note:* Data as of April 30,2023

PE-VC Investments in India (M-o-M)
Month	No. of Deals	Amount ($B)
2022
Jan	135	5.1
Feb	131	6.3
Mar	157	4.9
Apr	118	6.0
May	116	3.5
Jun	125	4.5
Jul	91	3.2
Aug	111	2.1
Sep	77	1.6
Oct	85	3.0
Nov	79	3.3
Dec	74	3.3
2023 YTD*
Jan	74	2.1
Feb	49	1.2
Mar	62	2.4
Apr	55	5.2
Note:* Data as of April 30,2023		Source: Venture Intelligence

Mega Deals

April witnessed 7 PE investments worth $100 million or more, compared to 5 mega deals in the previous month and 16 such transactions in April 2022

Mega PE-VC Deals ($100M+ Deals)
Month	No. of Deals	Amount ($B)
Apr/2023	7	4.5
Mar/2023	5	1.8
Apr/2022	16	4.8
		Source: Venture Intelligence

Top PE-VC Investments In India
Company	Sector	Investor	Amount ($M)	Month
2023 YTD*
Manipal Health Enterprises	Hospitals	Temasek	2,000	Apr/2023
Avaada Ventures	Renewable Power Projects	Brookfield	1,000	Apr/2023
Greenko Group	Renewable Power Projects	ADIA, GIC, Others	700	Mar/2023
Cube Highways Trust	Asset Management (InvIT)	British Columbia Investment, Mubadala Investment, Others	630	Apr/2023
Lenskart	Retail - Eyewear	ADIA	500	Mar/2023
Apr/2023
Manipal Health Enterprises	Hospitals	Temasek	2,000
Avaada Ventures	Renewable Power	Brookfield	1,000
Cube Highways Trust	Asset Management (InvIT)	British Columbia Investment, Mubadala Investment, Others	630
DMI Finance	NBFC	MUFG Innovation Partners, Others	400
Clean Max Enviro Energy Solutions	Renewable Power	Brookfield	305
Note:* Data as of April 30,2023			Source: Venture Intelligence

Exits Witness Decline

PE-VC firms harvested $1.6 billion across 15 exit deals during April 2023 - a decline of about 30% compared to the immediate previous month (which saw 32 deals worth $2.3 billion). 

PE-VC Exits in India
Period	No. of Deals	Amount ($B)
2023 YTD*	75	5.9
2022	228	17.8
Apr/2023	15	1.6
Mar/2023	32	2.3
Apr/2022	25	2.5
		Source: Venture Intelligence
Note:* Data as of April 30,2023

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.

For more details, login to the Venture Intelligence PE-VC Deals database or Email your Contact Coordinates to sales@ventureintelligence.com to set up a trial.