360ONE – India Invests Report, 1H 2024

The 360ONE – India Invests Report for the first half of 2024 reveals that there was a total deal value of $14.30 billion in private equity deals. Angel and seed funding contributed to 56.4% of the deal volume, with Bengaluru leading the way with 101 deals. Startups accounted for 76% of PE investments, but there was a 46% decrease in early-stage startup deals by volume. E-commerce deals saw a significant growth of $546.84 billion, while domestic deals made up 68% of M&A deals by volume. However, domestic value and volume were at a 5-year low. M&A deal value dropped by 81% compared to the previous year, and the IT sector saw a 5.33x increase in exit deals by value. The report also highlighted a preference for Private Equity Open Market as the mode of exit, with a 45% decline in exit deal value and a 75% decline in Consumer Staples sector exit deals by volume.