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PE investments drop by 40%

Private equity (PE) and venture capital (VC) investments in domestic companies have declined by 40 percent this year. So far, it has been limited to only 27.9 billion dollars. At the same time, disinvestment increased marginally to $19.34 billion. A recent report revealed that PE and VC firms had invested 27.9 billion dollars through 697 transactions by December 30, 2023. 47.62 billion dollars in 2022 through 1,364 deals. Also, in 2022, investments of 18.45 billion dollars were withdrawn through 233 transactions; this time, the number of transactions increased to 19.34 billion dollars with 248 deals. If we look at the top 5 investments, TPG Capital and Temasek invested 2.4 billion dollars in Manipal Hospital in April. In June, HDFC Credila was acquired by Baring Asia and ChrysCapital for $1.35 billion. The Qatar Investment Authority invested $1 billion in Reliance Retail Ventures in August. Brookfield invested $1 billion in Avaada Ventures in April. In July, Baring Asia paid $732 million for fertility clinic firm Indira IVF Clinics. If we look at the sectors, the highest investments have come in health care and life sciences. Investments increased in energy (14.5 percent), retail (98.8 percent), advertising, and marketing (199.8 percent).

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