PE-VC funding falls by $700mn in May


CHENNAI: Private fairness and enterprise capital companies continued their declining streak in investments. May recorded investments of $3.2 billion, down by $700 million towards $3.9 billion in the yr in the past. On a year-to-date foundation, PE-VC companies have invested $11.5 billion – a drop of $4.7 billion from $16.2 billion in the year-ago interval.

However, investments have continued to witness a month-on-month rise this yr, from $1.7 billion in Feb to $1.8 billion and $1.9 billion in March and April, respectively, information launched by Venture Intelligence on Friday confirmed.Of the 80 offers that befell in May, 9 have been with a worth of over $100 million.
Healthium Medtech’s acquisition by KKR with an funding of $840 million was the biggest deal in the month. It was adopted by Warburg Pincus buying Shriram Housing Finance with an funding of $554 million.

Nilesh Desai
Nilesh Desai
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.


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