PE/VC investments in October touch $3.3 billion, continue 2018 trend

Private equity and venture capital (PE/VC) investments worth $3.3 billion in October 2019 were on a par in the corresponding period last year ($3.3 billion), but 11.5 per cent lower compared to September 2019 (US$3.7 billion).

Total PE/VC investments in India now stand at $43.7 billion till now this year--16.5 per cent higher than the previous high of $37.5 billion recorded in entire 2018.

According to EY data, the number of deals in October 2019 recorded at 42 per cent higher deals compared to October 2018 but seven lower compared to September 2019 (91 deals in October 2019 vs. 64