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The Hindu

National

Sangeetha Kandavel

PE-VC investments in Tamil Nadu dip by 49.65% in 2023

Tamil Nadu Venture Intelligence

Private Equity and Venture Capital (PE-VC) companies have invested $1,378 million through 61 deals in Tamil Nadu-based firms in 2023, a dip of about 49.65% compared to 2022.

In 2022, PE-VC firms invested $2,737 million through 75 deals, according to the data provided by Chennai-headquartered Venture Intelligence, a research service focused on private company financials, transactions and their valuations.

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