Private equity and venture capital companies invested $156 million across 10 deals in Tamil Nadu-based companies during the third quarter of 2022.
The number of deals and the amount of investment have fallen, compared with the corresponding quarter last year. During the third quarter of 2021, $434 million was invested across 21 deals, according to data provided by Venture Intelligence, a research service focussed on private company financials, transactions and valuations.