Private equity (PE) and venture capital (VC) firms had invested in 117 deals worth $5.8 billion, a 33% year-on-year (YoY) jump from February 2021, which recorded 88 deals worth $3 billion, according to a report by the Indian Venture and Alternate Capital Association (IVCA) and consultancy firm EY.
In February 2022, ten exits totaling $1.4 billion were recorded, compared to $2.4 billion over 27 exits in February 2021 and $289 million across 14 exits in January 2022.
Secondary exits were the highest in February 2022, totalling $1.2 billion across three deals, compared to $414 million in four deals during February 2021, owing to AION’s $800 million exit from IGT Solutions.
Read more: VCCircle
