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Venture Capital accounts for $26 billion aggregate deal value to date: IVCA-Preqin Factsheet

Venture Capital accounts for $26 billion aggregate deal value to date: IVCA-Preqin Factsheet

The tech sector will have a market share of at least $750 billion within a $4.5-5 trillion Indian economy by 2030, according to the IVCA-Preqin Factsheet. Private equity represents the largest segment of Indian alternative assets with assets under management (AUM) of $31 billion, up by 2.3% from a year ago, whereas venture capital is the most outstanding asset class this year for India, accounting for $26 billion in aggregate deal value to date which is more than double of last year.

India absorbed $123 billion dollars in the last two years vis-a-vis $200 billion in the last five years, annually this is 1.8% of the country’s current GDP, Renuka Ramnath, chairperson, IVCA and founder, MD and CEO, Multiples Alternate Asset Management, said. “With the coming of age of the alternative investment we expect the Alternative Asset penetration to GDP to go to at least a three percent if not a five percent. We see India’s absorptive capacity at $500 to $750 billion in the next five…

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