Shrugging off pandemic blues, India’s private equity (PE) and venture capital (VC) ecosystem has had a busy year so far, with investors inking 946 deals worth $26.9 billion already by July-end.

• Investors have inked 946 deals worth $26.9 billion already by July-end, and analysts expect the deals pipeline to stay intense for the rest of the year as well

At this pace, the value of deals is set to reach record levels this year, shows a Mint analysis of VCCEdge data. The rest came from private equity investments ($5.1 billion), angel and seed capital ($633 million), pre-IPO, and public equity deals. Altogether, companies managed to raise $194 billion through 10,652 such deals in the last six years, half of which has came from PE-VC investments since 2019. Disruptions due to covid-19 have led to a rapid adoption of technology, causing a significant sectoral shift in deals activity. The IT space may continue to attract investments, and the tech-related deals activity should increase in the short to medium term, said Sinha.

https://www.livemint.com/companies/news/pevc-deals-activity-set-for-record-levels-this-year-it-cos-biggest-beneficiaries-11627633814473.html