PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data

January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020

PE/VC investments in January 2021 reported a 35 per cent drop to $1.6 billion from $2.5 billion, a year ago. The number of deals reported also remained flat at 80, according to EY-IVCA data. The decline in investment was primarily on account of fewer large deals. 

January 2021 recorded three large deals (value greater than $100 million) worth $680 million compared to five large deals worth $1.4 billion in January 2019 and 12 large deals worth $6 billion in December 2020.

The largest deals in January 2021 saw a group of investors including Tencent, Lightspeed, Altimeter Capital invest $280 million