Private Equity and Venture Capital investments surge 156% year-on-year in November

NEW DELHI: Private Equity and Venture Capitalist funds invested $4 billion in November, according to a joint report by IVCA and EY released on Wednesday.

This shows a 156 per cent year-on-year increase while a 15 per cent decline from the previous month. The month recorded 87 transactions, up 47 per cent from 59 deals in November 2023.

"While 2024 had started off on a strong note, geopolitical tensions, uncertainty over US elections outcome, and inflation weighed on the markets, as did the bid-ask spread between seller expectations and buyer valuations," EY's Vivek Soni said.

He further said that pure-play PE/VC investments showed significant growth, reaching $3.5 billion in November, representing a 297 per cent rise from $873 million in November 2023, and a 27 per cent increase from $2.7 billion in October 2024, Soni noted.

Investment in real estate and infrastructure decreased by 20 per cent compared to the previous year, settling at $566 million in November 2024.

The largest investment category was buyouts at $1.6 billion, with start-up investments following at $1.1 billion.

By sector, industrial products led investments at $1 billion, whilst financial services and e-commerce followed with $723 million and $550 million respectively.

November saw 15 exits valued at $3.7 billion, an increase from $ 1.2 billion across 22 exits in November 2023.

Fund raising activities in November 2024 totalled $1.1 billion from eight funds, showing substantial growth from $401 million raised by six funds in November 2023.

Ready to Master Stock Valuation? ET’s Workshop is just around the corner!