Private equity deals made in India the month of July 2025
Private equity (PE) and venture capital (VC) investment activity in India experienced some fluctuations in the first half of 2025 (1H 2025). While overall Private equity/venture capital investments in India were lower in 1H 2025 compared to 1H 2024, there was an increase in value terms compared to the second half of 2024 (2H 2024).
Key highlights
- Increased investment in 1H 2025 compared to 2H 2024: PE/VC investments in India saw an 11% increase in value terms in 1H 2025 compared to 2H 2024, according to the EY-IVCA monthly PE/VC roundup.
- Infrastructure is a top sector: Infrastructure emerged as the leading sector for PE/VC capital investments in 1H 2025, followed by financial services and technology.
- Notable PE exits: CPP Investments exited its Indian mall venture with Phoenix Mills in July 2025, generating approximately $635 million in proceeds.
- Fundraising success: India has seen a record year in domestic fundraising, with Chrys Capital securing ~$2.1 billion in 2025 for the country’s largest-ever domestic fund.
- Focus on secondaries: Neo Asset Management launched a Private equity secondaries fund in July 2025, betting on secondaries in India’s slow exit market, according to DealStreetAsia.
- Strong interest in specific sectors: Continued investor interest is expected in financial services, healthcare, and real estate sectors.
- Cyber security investment: Safe Security, a Palo Alto-based cyber security firm, raised $70 million in a Series C round led by Avatar Venture Partners in July 2025, according to Mint.
Potential challenges
- Global trade tensions: Global trade tensions introduce uncertainty into the investment outlook.
- Slow exit market: While exits are expected to accelerate in 2025, corrections in public markets could potentially temper momentum.
Overall, the Indian private equity market demonstrates a mix of opportunities and challenges in July 2025. Continued investor interest in key sectors, coupled with strong domestic fundraising, points to potential growth. However, global uncertainties and a potentially slow exit market will require a disciplined and adaptive approach from market participants.
Venture Capital Investments in India July 2025
The landscape of private equity and venture capital in India during July 2025 reflected a balanced mix of opportunities and risks. While overall deal activity was lower compared to 2024, sector-specific momentum remained strong. Notably, venture capital investments in India July 2025 were concentrated in technology, fintech, and cybersecurity, highlighting investor confidence in innovation-driven businesses despite global economic pressures.
Neo Asset Management Secondaries Fund India
A significant development in July 2025 was the launch of Neo Asset Management’s secondaries fund in India , focusing on private equity secondaries. This fund marks a strategic move to unlock liquidity in India’s slow exit market, giving investors new opportunities while mitigating risks associated with delayed exits. The increasing focus on secondaries indicates that private equity players are adopting innovative strategies to navigate challenging market conditions.
Private Equity Challenges India 2025 – Risks and Market Outlook
Despite positive fundraising momentum and sectoral growth, private equity challenges in India 2025 continue to weigh on the market. Global trade tensions, currency volatility, and corrections in public markets create uncertainties that affect both fundraising and exits. Moreover, India’s slow exit market remains a concern, forcing investors to rely more on secondary transactions and longer holding periods. Addressing these challenges will require disciplined strategies, compliance-focused operations, and adaptive investment models.
Indian Startups PE/VC Funding July 2025 – Continued Momentum
In July 2025, Indian startups PE/VC funding continued to attract strong investor interest, particularly in financial services, healthcare, and real estate. Startups working on cybersecurity solutions, green infrastructure, and digital platforms were among the major beneficiaries of private equity and venture capital inflows. This trend highlights India’s growing innovation ecosystem, where global and domestic investors see long-term potential despite short-term market uncertainties.
