Mega deals see global funds grab lion's share of PE, VC investment in India

The bulk of the $9.5 billion invested in Jio Platforms until June 30, for instance, was from global investors, including sovereign wealth funds

The share of global funds in the pool of overall private equity (PE) and venture capital (VC) investment in India has surged over the last three-and-a-half years.
 

Between 2017 and 2019, Indian PE/VC investments grew from $26 billion to $47 billion at a compound annual growth rate (CAGR) of almost 34.5 per cent. However, bulk of this growth has come from global funds investing higher amounts into India, pushing up deal sizes in both absolute as well as average terms.

As a result, the share of India-focused funds declined from 28 per cent in calendar year (CY) 2017 to 22