The Private Equity (PE) investment in domestic companies falls 17 per cent to USD 6.72 billion annually in the Jun quarter.

Last year in the same quarter, the number of PE deals declined 15 per cent to 344 compared with this year which was the deal value stood at USD 8.13 billion.

“The deal value declined by 25.1 per cent in the three months ended June compared to the 2022 March quarter when it stood at USD 8.97 billion,” a London Stock Exchange group entity said.

The deal value declined due to a fall in money flows to startups in the space at 40 per cent every quarter. Also, Refinitiv said that PE investments declined 17.3 per cent to USD 6.72 billion in the Apr-Jun quarter from the year-ago period when the country attracted USD 8.13 billion.

However, the total PE investments in the first six months of the year stood at USD 15.7 billion, a growth of 25.9 per cent compared to the year-ago period.