What’s the story
Private equity (PE) and venture capital (VC) investments in India reached a whopping $5.3 billion in October 2025, according to the latest EY-IVCA monthly roundup.
The figure marks a 9% increase from the same month last year.
However, the number of deals during this period saw a decline with only 102 transactions recorded as compared to 112 in October 2024 and down from September’s count of 145 deals.
Pure-play PE/VC investments hit 13-month high
Pure-play PE/VC investments reached a 13-month high of $5 billion in October 2025, marking an impressive 81% jump from October last year.
However, investments in real estate and infrastructure saw a sharp decline of 86%.
Despite these fluctuations, PIPE emerged as the leading deal type with a nearly 10-fold increase to $2.1 billion during this period.
Start-up and growth investments
Start-up investments also witnessed a significant jump of 175% YoY to $2 billion in October.
However, growth investments fell to $810 million during this period.
Buyouts remained unchanged at $227 million while credit investments saw a massive drop of 90% to just $189 million during the same period.
Large-ticket deals dominate overall inflows
Large-ticket deals continued to dominate the overall inflows with nine transactions worth $3.7 billion accounting for a whopping 70% of total investments.
The biggest deal was International Holding Company’s $1 billion acquisition of a 43.46% stake in Sammaan Capital.
Financial services led sectoral activity with $2.9 billion worth investments, followed by e-commerce at $715 million and technology at $455 million, together accounting for 77% of total PE/VC inflows in October 2025.
