MUMBAI : Venture investment activity continued its southward journey for April as well, declining 73 per cent to USD 881 million (about ₹6,632 crore) as compared to the year-ago period, and there was no commitment from investors in India-focused funds, a report said on Wednesday.

Exits by private equity and venture capital funds plummeted to a 70 month low by volumes at USD 117 million in five deals, EY, a consultancy firm, said in the report.

It can be noted that the COVID-19 pandemic and the ensuing lockdown has virtually chilled all economic activity, and with aspects like social distancing and the threat of newer waves in the future has put question marks. "Though the Indian Government has begun the phasing-out of the lockdown and

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Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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