CHENNAI: November marked a lull for private equity and venture capital (PE-VC) as investments did not cross the $1 billion mark.
PE-VC investments came in at a record low of $800 million from just 51 deals, as per data sourced from Venture Intelligence. In value terms, this represented a 73% decline from the same month last year, and a 68% fall from October 2023.In terms of deal count, the year-ago period recorded 65 deals. Only two mega deals (deals over $100 million) were recorded in number in November, compared to six in the same period last year.
PE-VC investments came in at a record low of $800 million from just 51 deals, as per data sourced from Venture Intelligence. In value terms, this represented a 73% decline from the same month last year, and a 68% fall from October 2023.In terms of deal count, the year-ago period recorded 65 deals. Only two mega deals (deals over $100 million) were recorded in number in November, compared to six in the same period last year.
