PE/VC investments drop 75% in October over last year: IVCA-EY report

Inflation woes, recession fears, the rising cost of capital, and elevated levels of uncertainty driven by geopolitical tensions have weighed down the PE/VC activity in 2022

Private equity and venture capital (PE/VC) investments for October 2022 dropped 75 per cent compared to the same period last year, with total investments of $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to the IVCA-EY monthly PE/VC round-up.

According to Vivek Soni, partner and national leader, private equity services, EY, after being on a declining trend for the past five months, PE/VC investments have recorded a 60 per cent sequential uptick this month.

“The Indian economy continues to outperform relative to other emerging markets and while there may be short-term volatility, the PE/VC community