PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report

Private equity and venture capital investments for the month of April 2022 in India were $5.5 billion, across 117 deals, including 16 large deals worth $4 billion, said a report. On a year-on-year basis this was down 27 per cent, but was up 11 per cent compared to the preceding month, said a report by IVCA-EY.

Fundraises, however, continued to show a healthy trend, with April 2022 recording a total fundraise of $1.5 billion across 16 funds compared to $569 million raised in April 2021 by 8 funds. The largest fundraise in April 2022 was by Elevation Capital, which raised