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PE/VC investments record third straight month of decline at $881 mn

In terms of volume, deals in April declined 34 per cent YoY and 12 per cent sequentially.

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From a sector point of view, infrastructure sector ($208 million across two deals) emerged as the top sector due to the large buyout of solar assets by KKR

T E Narasimhan Chennai
At $881 million, April 2020 recorded the third straight month of decline in PE/VC investments in 2020 and the lowest monthly value of deals in 34 months. In terms of value, PE/VC investments in April 2020 dropped by 73 per cent year on year. In term of volume, deals in April 2020 declined 34 per cent year on year and 12% sequentially (65 deals in April 2020 vs. 99 in April 2019 vs. 74 deals in March 2020). 
 
According to EY report, like in March 2020, there was only one large deal (value greater than $100 million) worth $204 million