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PE/VC investment up by almost three times in November; driven by infra flow

PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average

PE/VC investment up by almost three times in November; driven by infra flow
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T E Narasimhan Chennai
PE/VC investments in November 2019 grew almost three times to $4.8 billion from $1.8 billion in November 2018, boosted by robust flows in the infrastructure sector.

The investment was 50 per cent higher compared to October 2019 ($3.2 billion). Exits recorded $1.4 billion across 15 deals on the back of a pick-up in open market exits.

Total PE/VC investments in India, year-to-date, now stand at $44.2 billion, which is 18 per cent higher than the previous high of $37.4 billion recorded in the entire 2018, according to the IVCA-EY data.

In terms of volume, November 2019 recorded 38 per cent