Investment flow through PE-VC slowed down in November
MUMBAI: Investment inflows through private equity-venture capital (PE-VC) slowed in November. PE-VC had nine deals worth ૪ 2.50 billion in November. In October, there was an investment inflow of ૫ 10.50 billion through 119 contracts.
Compared to November 2020, the value of the deal has more than tripled. The total value of the PE-VC agreement reached in November last year was 1.50 billion.
As of November of the current calendar year, there were 108 PE-VC contracts valued at 50 billion, according to a research report. For the full year 2020, a total of સો 60 billion was invested through 500 deals.
Startups in India have been seeing a significant influx of money in recent times. The PE-VC agreement was slow in 2020 due to the impact of Corona.
3% reduction in the amount of funds raised by companies from overseas markets
Indian companies raised about ૧ 1.5 billion in overseas markets in October this year, down 3 per cent from the same period last year.
Domestic companies raised ૩ 3.08 billion from overseas markets in October last year.
According to the report, companies have raised ૩૨ 1.5 billion through the External Commercial Borrowing (ECB) through the Automatic Route. The remaining ૪૭ 1,3,8,6 has been raised by a company, Fortum Solar Plus Pvt Ltd, by issuing rupee bonds.
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