3 min read.Updated: 21 Jan 2022, 01:42 AM ISTRenuka Ramnath
This PE-VC industry certainly deserves better than a tax disadvantage
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The Private Equity-Venture Capital (PE-VC) industry recorded a phenomenal growth of $63 billion in investments (through more than 1,200 deals) during 2021, a 57% rise over the $39.9 billion in the previous year. This represents about 60% of the foreign direct investment (FDI) into the country. The PE-VC sector, thus, will be the key driver to making India a $5 trillion economy.
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