New Delhi: Private equity and venture capital investments into India hit an all-time high of $48 billion in 2019, Padmanabh Sinha, Chairman, Indian Private Equity and Venture Capital Association (IVCA), has said.
“Private equity and venture capital has become the anchor of the economy and is now the largest source of FDI. It is one of the few shining spots in the economy even while facing global headwinds and domestic issues”, Sinha said at the IVCA conclave 2020 in the capital.
A EY India report released on the occasion showed that over the past three years, PE/VC investments in India have grown at a CAGR of 44 per cent.
The cumulative PE/VC investments received during this period are almost equal to the investments received in the preceding 10-year period during 2007-2016, according to the report.
India has received PE/VC investments worth $198 billion during 2009-2019, of which the last three years, 2017-19, have accounted for 56 per cent.
For 2019, infrastructure sector saw PE/VC investments of $14.5 billion.
