Investments by private equity and venture capital funds declined by nearly a third to USD 54.2 billion in 2022, characterized by a ‘funding winter’ after consecutive years of the surge. Even after the decline, the year was the second best for India regarding bets such long-term investors took on growing Indian companies, a report by industry lobby Ivca and the consultancy firm EY said.
The investments by value were down 29 percent compared to USD 75.9 billion in 2021, while by volumes, there was a 4.6 percent decline at 1,211 transactions as against 1,269, the report said, adding a sharp fall in large deals resulted in the reduction.
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