Private equity and venture capital investments in India recorded a 41 per cent increase in January-November 2024 to touch $13.86 billion ($ 9.82 billion), as per latest data from LSEG Deals Intelligence.  

However, the number of deals saw a 2.7 per cent decline in January-November 2024 to 1,190 from 1,223, it added. 

The surge in PE inflows comes at a time when there has been record $17.3 billion initial public offering (IPO) mop up so far this calendar year. The robust IPO markets in India is giving good exits for private equity investors, industry observers said. 

Key player

India offers diverse opportunities across various sectors, from healthcare and technology to consumer services, with growing consumption, digital transformation, and infrastructure development services serving as key drivers fuelling investor interest. The convergence of these factors, along with a resilient IPO market despite global downturns and a dynamic start-up ecosystem, positions India as a key player in the global private equity landscape for the remainder of the year, they said. 

In the first nine months of this calendar year, PE and VC investments grew 8.9 per cent to touch $ 10.9 billion ($7.9 billion).

In the latest July-September 2024 quarter, the private equity investments came in at $2.77 billion, up 49 per cent over $ 1.6 billion in same quarter last fiscal. However, the latest quarterly reading was lower than the investment value of $3.9 billion in the April-June 2024 quarter.