PE/VC investment touches 6.8 billion dollars in November


PE/VC investment touches 6.8 billion dollars in November



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Investments by private equity and venture capital funds in the country stood at 6.8 billion dollars across 102 deals in November, which is double by value when compared with the pandemic-impacted year-ago period, the monthly data shared by industry lobby IVCA and the consultancy EY said.

The overall investments in the first 11 months of the year have touched 72.6 billion dollars, which is 53 percent higher than the all-time high for a year achieved in 2020.

In November, the activity was dominated by 2.4 billion dollars of investments into start-ups and exits by private equity companies in nine initial public offerings, EY’s Soni said.

November recorded 17 large deals of over 100 million dollars each which alone totaled to 5.4 billion dollars. The largest deals in November include the 1.5 billion dollar buyout of Encora Digital by Advent and 840 million dollar investment in Dream11 by a group of investors including Falcon Edge, D1 Capital, Tiger Global, TPG and others.

The data says, technology was the favourite sector for investments, followed by e-commerce.









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