In October 2024, private equity (PE) and venture capital (VC) investments reached $4.7 billion, a 4% increase from October 2023, with 91 deals reflecting a 21% rise in deal volume. However, startup investments dropped sharply to $880 million, a 50% decline year-on-year. Nine large deals over $100 million totaled $3.3 billion, down from $3.4 billion in 2023 but up 69% from September 2024. The largest deal involved Temasek acquiring an 18% stake in VFS Global for $950 million. Experts caution that rising inflation and market volatility may lead to muted investment activity in the coming months.

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