Private equity and venture capital investment may hit record $70 bn in 2021

Apart from value, volumes or the number of deals have also gone up

Private equity and venture capital investment will hit a new high of $70 billion in the calendar year 2021, according to projections by Bain & Company which analyses trends in private equity investing.

Out of this, about half has flowed into just two sectors: consumer technology (e-commerce, edtech, fintech) and IT services and SaaS (software as a service) which has become an attractive business for investment and is expected to continue its dream run for the next two to three years  

“Last year, the total private equity and venture capital deals stood at $62 billion. Out of this, one company,