Mumbai, 13 May 2025: 360 ONE Wealth, in
association with VCCEDGE, has unveiled the eighth edition
of the India Invests (i2) Report for FY 2024–25. The comprehensive
report offers a deep dive into India’s private equity (PE), venture capital
(VC), startup, M&A, and exit landscape, uncovering trends, sectoral shifts,
and investor sentiment across the ecosystem.
Despite
macroeconomic headwinds, India’s investment activity displayed remarkable
resilience. FY 2024–25 saw a resurgence in private equity deals, with a 10%
rise in value and stable deal volumes. This growth was driven by a clear
preference for scalable B2B business models, especially in the healthcare and
industrial sectors.
Startups
also saw a strong rebound, with VC deal value jumping 35% and a significant
uptick in late-stage funding. Notably, Zepto’s $1.3 bn+ fundraise and Access
Healthcare’s $1.4 bn deal were among the standout transactions.
B2B-led startups continued to attract larger cheques, reflecting sustained
confidence in enterprise-focused innovations.
In
M&A, India witnessed a sharp 40% rise in deal volume, supported by domestic
consolidation and a 53% increase in outbound deal activity, reflecting Indian
corporates’ global ambitions. Utilities led the charge in deal value, while the
IT sector retained the top spot in deal count.
However,
private equity exits witnessed a steep decline—exit volumes halved and
value fell 67%. Open Market routes dominated, although
the rising share of M&A exits indicated investors pivot toward more stable
exit avenues amidst market volatility.
Yatin
Shah, Co-founder of 360 ONE & CEO of 360 ONE Wealth, said, “India’s
investment ecosystem is undergoing a healthy recalibration. Domestic flows into
the Alternatives space have picked up meaningfully. Family offices, UHNIs and
HNIs are steadily increasing allocations to private market
strategies—signalling a broader acceptance of these as core portfolio holdings.
FY25 was a year of quiet conviction. Investors were selective, strategic, and
focused on long-term value. The building blocks for a strong vintage are
already in place, and we believe FY26 will carry forward the momentum with
greater clarity and purpose. This edition of India Invests offers a deeper
perspective on the direction of private capital in India.”
Key
Highlights:
Private
Equity (PE) Investments:
·
Deal volumes rose 4% YoY while deal value increased by
10%, reflecting growing investor confidence.
·
B2B models dominated with 51% of deal volume,
especially in Industrials and Healthcare.
·
Karnataka led in deal volume; Maharashtra topped deal
value at $8.8 bn.
Venture
Capital (VC):
·
VC deal value surged 35%, driven by a 3.8x rise in
late-stage (Series E+) rounds
·
Series E+ accounted for 49% of total VC deal value,
reflecting growing investor appetite for mature startups
·
Angel/Seed deals made up 52% of total investment
volume
·
Average VC deal size rose to $28 million, while PE
deal sizes declined, indicating diverging strategies
Startups:
·
Growth-stage funding surged to $6.3 bn—more than
double the previous year—while late-stage investments more than tripled to $1.4
bn
·
Startup funding value rose 35% YoY, signalling greater
investor focus on scale-ready ventures
·
E-commerce led in deal value at $3.5 bn, driven by
Zepto; HealthTech value quadrupled, led by Access Healthcare
Mergers
& Acquisitions (M&A):
·
M&A deal volume rose 40% YoY and deal value grew
32%
·
Domestic deals remained the mainstay of India’s
M&A landscape, rising 51% over FY 2023-24
·
Maharashtra continued to be the leading state for
M&A activity in FY 2024-25, retaining its top spot by both deal count and
value
Private
Equity Exits:
·
Exit value fell 67%, with Open Market exits accounting
for 95% of the total disclosed exit value
·
M&A exits gained ground, accounting for one in
three PE exits as Open Market exits fell 45% amid rising volatility
Click to download
the full report: https://360one.docsend.com/v/yx6yb/indiainvests25
About
360 ONE Wealth:
360
ONE Wealth, a part of the 360 ONE group, is among the leading wealth management
firms in India. 360 ONE is the investment and financial advisor to 7500+
relevant families in the High-Net-Worth (HNW) and Ultra-HNW segments, with an
AUM of more than INR 5,81,000 crores (~USD 68 bn). It is the first pure wealth
management company to be listed on the leading stock exchanges in India.
360
ONE Wealth advises clients to preserve, protect and grow their wealth and
legacy. This is consistently achieved through rigorous research and an
unparalleled team of product experts across diverse asset classes, ensuring the
highest standards of financial stewardship. With this unique proposition, the
firm is truly able to align with clients’ interests, to be on the same side of
the table.
To
know more about us, visit: https://www.360.one/wealth