Economic Survey: PE/VC exits from stock markets at $19.5 bn between January and September 2024

During the same period last year, PE/VCs had made $18.3 billion in exits by selling shares to public market investors.

Private equity (PE) and venture capital (VC) firms collectively clocked $19.5 billion in exits from the stock market during the first nine months of 2024, an increase of 6.6 percent year-on-year (YoY), the economic survey released on January 31 revealed.

During the same period last year, PE/VCs had made $18.3 billion in exits by selling shares to public market investors, as per analysis done by Avendus Spark, the survey added.

PE/VC firms invest in private companies early on, help scale the firm and assist in taking them public eventually. In the process, they accumulate shares in companies and then dilute stake when the firm goes for its initial public offering (IPO) which helps them generate handsome returns.

During the January-September period last year, several new-age companies including Ola Electric, FirstCry, Unicommerce, GoDigit (Digit Insurance), Ixigo, TBO Tek, Awfis and several others went public giving investors such as SoftBank and others handsome exits.

"The depth and resilience of the Indian capital market offer profitable exits for direct

investors, boosting future investments," the survey said.