Have PE and VC Investments in India Reached 88% of 2024 Levels, Up 4% in November?
Synopsis
Key Takeaways
Mumbai, Dec 23 (NationPress) Recent data shows that private equity and venture capital (PE and VC) investments in India experienced a 4 percent increase in November compared to October, as reported on Tuesday. So far in 2025, these investments have achieved 88 percent of the total from the previous year.
Notably, investments in the real estate and infrastructure sectors surged nearly fivefold, climbing 460 percent to $4.2 billion in November 2025 from $747 million in November 2024.
In terms of deal volume, pure-play investments saw a 1 percent annual increase, while real estate and infrastructure transactions rose by 73 percent year-on-year, according to the latest EY-IVCA monthly PE/VC summary.
“November 2025 recorded $5.6 billion in PE/VC investments, reflecting a 31 percent increase compared to the $4.3 billion in November 2024, and a 4 percent month-on-month rise from $5.4 billion in October 2025,” stated Vivek Soni, Partner and National Leader, Private Equity Services at EY.
The number of transactions jumped to 113 in November 2025, marking a 12 percent year-on-year rise from 101 deals in November 2024 and a 4 percent month-on-month increase from 109 deals in October 2025.
In November, buyout deals reached their peak at $2.1 billion, with startup investments following at $1.7 billion. In terms of sector performance, the real estate sector led with $3.7 billion in investments, closely trailed by infrastructure at $531 million, as per the report.
PE/VC exits totaled $3.2 billion across 23 deals in November 2025, which is 11 percent lower than in November 2024 when exits were $3.7 billion. Notably, IPOs constituted 46 percent of the total exit value, accounting for $1.5 billion.
Despite facing global and domestic challenges, such as geopolitical tensions, tariff uncertainties from the Trump administration, and currency depreciation, investment activities have remained robust, the report indicates.
The recent repo rate cut by the RBI and sustained GDP growth suggest promising growth prospects, positioning PE/VC investors to leverage the next phase of India's growth cycle, the report concluded.
November also saw total fundraising reach $2.4 billion, a significant increase from $1.1 billion in November 2024 and $1.8 billion in October 2025.