Family offices, corporate venture-capitalists (VCs) and first-time funds were active with over 300 deals last year. In sharp contrast with the slowdown in investment activity, the year saw multiple investors raising their largest-ever India-focused funds.
Exit by VCs declined, largely driven by a slowdown in tech listings. In fact, more than 10 companies paused their initial public offerings (IPOs) because of the slowdown and related concerns.