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Showing posts from October, 2024

PE-VC investments rise 9% YoY to $7 B in Q3'24; dip 20% QoQ

Private Equity-Venture Capital (PE-VC) funds invested $7 Billion (across 205 deals) in India-based companies during the quarter ended  September 2024 (Q3'24),  shows data from  Venture Intelligence , a research service focused on private company financials, transactions, and their valuations .  The investment amount represents a 9% rise over the $6.4 Billion (across 193 deals) invested in the same period during 2023 (and 6% higher in volume terms). However, the figure was as much as  20% lower  (and 10% lower in volume terms)  when compared to the immediate previous quarter (which witnessed $8.8 Billion being invested across 228 deals).  Q3’24 witnessed 20 mega deals ($100 M+ rounds) worth $5.1 Billion, compared to 17 such investments (worth $4.7 Billion) in Q3’23 and 24 such deals (worth $6.4 Billion) in the immediate previous quarter.  The largest investment announced in the latest quarter was the $550 Million commitment by Canada-headquartered infrastructure focused investor, Br