Private equity and venture capital (PE-VC) investments in late-stage companies in India have seen a sharp decline, dropping by 61% from $23.4 billion in CY2021 to $9 billion in CY2024. This significant decrease reflects investor caution in the current market scenario. The trend of reduced investments has persisted into the current fiscal year, with investments further decreasing to $1.2 billion in the period of January-March CY2025. This shift in the market highlights a focus on profitability and cash flow over hypergrowth, influencing deal values and exit strategies for investors. The recalibration in the investment landscape indicates a more cautious approach by stakeholders in the Indian market.