 "Blackstone top private equity investor in IT and technology sectors")
With the $1.2-billion Mphasis buy, Blackstone has invested $2.15 billion across nine deals, with the PE major signing deals worth $1.6 billion in 2016 till April 4, according data from VCCEdge, the financial research platform of VCCircle.com.
At $850 million, Bain Capital is the second largest investor with two deals, followed by Apax Partners ($577 million in five deals), ChyrsCapital ($573 million, 18 deals), and Baring Private Equity ($449 million in four deals).
PE firms have pumped in nearly $20 billion across 2,844 deals.
In terms of deal volume, Sequoia has executed the most number of deals (116 deals worth $446 million), followed by Accel India (116 deals, $144 million), Blume Ventures (93 deals, $446 million), Nexus India Capital, and Helion Venture Partners.