Private equity and venture capital (PE-VC) firms invested a record $49 billion across 840 deals in Indian companies during the first nine months of 2021, 23 per cent higher than the $39.5 billion invested in the previous calendar year.
Investments worth $20 billion in unicorns--VC-funded startups valued at $1 billion or more--account for close to 41 per cent of the value pie in 2021 so far, which has seen the addition of 29 unicorns, data from Venture Intelligence shows. The July-September quarter (Q3) saw over $10 billion invested in such companies across 28 deals.
PE-VC investments in the third quarter