PE/VC Investments Soar to $18.6 Billion in H1 2024

24 Jul 2024 CW Team

Pure play private equity (PE) and venture capital (VC) investments in India, excluding the real estate and infrastructure sectors, reached $18.6 billion in the first half (H1) of 2024. This marks a 20% increase compared to the $15.5 billion invested during the same period last year.

A total of 69 large deals, each valued at over $100 million, contributed significantly to this growth, totaling $22.6 billion in H1 2024. This is an increase from the 61 large deals worth $18.1 billion in the preceding six months. Notable transactions include Brookfield's acquisition of ATC India Tower Corporation for $2 billion, as well as two $1.5 billion deals involving Macquarie's acquisition of Vertelo and a joint investment by ADIA and KKR in Reliance Retail Ventures' warehousing assets.

Exit activity also saw an uptick, with values increasing by 18% to $11 billion compared to $9.4 billion in the previous year. However, this was a decrease of about one-third compared to the $15.5 billion in exits recorded in the latter half of 2023.

Despite the robust investment and exit activities, fundraising efforts were subdued. A total of $6.7 billion was raised by 45 funds in H1 2024, reflecting a 34% decline from the same period last year.

The report underscores the dynamic nature of the PE/VC landscape in India, highlighting the role of strategic acquisitions and large-scale deals in driving investment growth while also pointing to challenges in fundraising efforts.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..