India’s private equity and venture capital (PE-VC) sector rebounded in 2024 after two years of muted performance, clocking in $43 billion in investments across nearly 1,600 transactions, a nearly 9% uptick from the previous year. According to Bain & Company’s latest India Private Equity Report 2025, released in partnership with the Indian Venture and Alternate Capital Association (IVCA), the recovery was mainly powered by venture capital and growth investments, even as private equity dealmaking remained stable. This recovery reinforces India’s standing as the second-largest PE-VC market in the Asia-Pacific region, commanding approximately one-fifth of all regional capital inflows.