Private equity and venture capital (PE-VC) investments in late-stage companies in India have taken a significant hit, dropping by 61% from $23.4 billion in CY2021 to $9 billion in CY2024. This sharp decline reflects a sense of caution among investors. The trend has persisted into the current fiscal year, with investments further decreasing to $1.2 billion in Jan-March CY2025. This market recalibration highlights a shift towards prioritizing profitability and cash flow over rapid expansion, which is affecting deal values and exit opportunities for companies in the late-stage investment space. The downward trend in PE-VC investments underscores the changing dynamics of the Indian investment landscape, with investors being more discerning and risk-averse in their approach. The focus on sustainable growth and financial stability is reshaping the investment strategies of both investors and late-stage companies looking to secure funding. As the market continues to evolve, it is expected that investors and companies will adapt to these new conditions by emphasizing long-term value creation and sustainable business models.