VC the most outstanding asset class for India in 2021: IVCA-Preqin

India's total AUM at $61bn as of 15, December 2020, with $15bn of dry powder as of end of Sept 2021

Despite the Covid-19 outbreak in 2020, India's private equity and venture capital (PE-VC) industry remained resilient. VC is arguably the most outstanding asset class this year for India, said an IVCA-Preqin Factsheet, launched as a part of Indian Private Equity and Venture Capital Association’s (IVCA) first edition of the Maximum India Conclave (MIC).

Private equity represents the largest segment of Indian alternative assets with assets under management (AUM) of $31 billion, up by 2.3 per cent from a year ago, whereas venture capital achieved an aggregate deal value of $26 billion to date, which is more than double of last year.

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