Private Equity-Venture Capital (PE-VC) investments saw a slight dip in the quarter ending June (Q2 of the calendar year). Total PE-VC investments stood at $6.4 billion — a decline of 3 per cent from the $6.6 billion last year, as per data from Venture Intelligence.
The decline was sharper in volume terms, with 266 deals in Q2 of CY26, 14 per cent lower than the 309 deals in Q2 CY25, as per data from research firm Venture Intelligence.
Overall, PE-VC investments in the first half of 2026 stood at around $17.5 billion across 642 deals as against $18.4 billion across 663 deals in the same period last year.
For the June quarter, the value of mega deals (over $100 million) went up to $3.8 billion across 17 deals as against $3.6 billion invested in 15 such deals in the same quarter last year.
The largest investment in the quarter was the $732 million investment in data centre platform CtrlS Data Centers, by Canada-headquartered pension fund CPPIB. PE firm Fairfax Holdings’s acquisition of a controlling stake in NBFC IIFL Capital Services for $384 million and US-based PE giant Carlyle’s acquisition of healthcare RCM provider EqualizeRCM for $300 million were other major deals.
IT and ITeS remained the top industry for the quarter attracting $2.7 billion across 149 deals followed by telecom, BFSI, and healthcare and logistics.
Arun Natarajan, Founder, Venture Intelligence said that PE-VC investments have held up reasonably well in Q2CY26 – especially in the face of geopolitical uncertainties and volatility in the public markets.
“Between new investment opportunities like Data Centers as well as traditional favorite sectors like NBFCs, PE investors have depolyed significant capital across larger transactions during the period.Any lasting easing up of the Middle East conflict will help – starting with sentiment in the public markets, which, in turn, will aid PE-VC exits,” he said.
With regard to whether the slowdown is impacting VC fundraising from their LPs, Natarajan said that 2025 was a good year for VC fund raising (when they raised close to $4.7 billion) but 2026 has seen a slow start. The easing of the Middle East situation as well as the deployment of the RDI Fund (to deeptech oriented VC funds) could help boost the numbers in the second half, he added.
Meanwhile, for the month of June 2026, the PE-VC investments stood at $1.83 billion across 91 deals as against $1.96 billion across 87 deals in the same month last year.
In June, investments in early-stage companies went up significantly to $418 million across 42 deals while late-stage investments decreased significantly to $952 million across 34 deals. These increases were offset by a substantial drop in growth-stage investments going from nearly $1.1 billion to $280 million.
Published on July 1, 2026
