Bleak week for funding as big deals go missing
Mint Mumbai|May 22, 2023
The week witnessed an almost equal mix of mid-sized and small deals
Priyal Mahtta, Anuj Suvarna
Bleak week for funding as big deals go missing

The total value of private equity and venture capital (PE/VC) deals in India fell for the second straight week from the previous five-day period, amid a shortage of big-ticket transactions.

The week saw an almost equal mix of mid-sized and small deals, with only one transaction valued at more than $50 million. However, three deal values remained undisclosed.

Startups secured about $177 million last week, less than the about $194 million raised in the previous week. Similarly, deal volumes, which have largely remained consistent in the last few weeks, also plummeted, with PE and VC investors closing 15 transactions last week as against 20 in the previous five-day period.

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