PE/VC investments in February 2020 fell to a 24-month low of $1.7 billion, which was 39 per cent lower than $2.8 billion recorded in February, 2019, and 32 per cent lower compared to January 2020 ($2.5 billion). The decline in value was mainly on account of fewer large deals (value greater than $100 million). In terms of volume, the number of deals in February 2020 were 21 per cent higher than February 2019.
Uncertainty over the impact of Covid-19 is expected to act as a significant headwind to Indian PE/VC investments, according to the IVCA-EY monthly PE/VC round-up.
February recorded