MUMBAI : Private equity (PE) and venture capital (VC) investments into India are likely to fall between 45-60% in 2020 compared to last year, as the nation-wide lockdown and travel restrictions due to the covid-19 outbreak have disrupted the country’s economic trajectory and slowed down the deal making process, according to a report by Ernst & Young.
This year, Indian PE/VC investments are expected to fall between $19 billion and $26 billion, from the previous year’s record high of $43.7 billion, the UK-headquartered firm said in its report titled ‘COVID-19: projected impact on Indian PE/VC’. “These deals will be revalued if not cancelled once the lockdown restrictions are lifted and more clarity emerges on future revenues and rebooting of