Driven by increased deal volume and larger average deal sizes, the Venture Capital (VC) industry invested record Rs 72,000 crore in 2019, the Bain & Company’s India Venture Capital Report 2020 stated. Registering a growth of 55 per cent as compared to 2018, the industry witnessed a 30 per cent increase in deal volume and a 20 per cent rise in average deal size.
The report was prepared by Bain & Company in partnership with Indian Private Equity & Venture Capital Association (IVCA).
"Despite substantial capital deployment, dry powder availability for VC investing in India was at an all-time high