April sees 23% jump in venture investments at $2.4 billion

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There was a 23 per cent jump in venture investments in April at USD 2.4 billion, led by e-commerce, infrastructure and realty plays by funds, a report said today.

Investments by private equity and venture capital funds had stood at USD 1.9 billion in the year-ago period, the report by consultancy firm EY said.

The increase in activity was driven largely by a jump in deal sizes, it said, pointing out that going by the number of deals, there were 69 transactions this April as against 66 in the year-ago period.

“PE/VC deal activity in India continues to gather steam and become more robust. Both investments as well as exits are on an upward trend,” EY’s partner and leader for private equity advisory Vivek Soni said.

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