According to the PwC MoneyTree India report, a quarterly study of PE investment activity based on data provided by Venture Intelligence, such investments in the quarter totalled to USD 4.29 billion across 135 deals, up 35 per cent over the previous quarter when 172 deals worth USD 3.18 billion were announced.
Together, Q1 (January-March) and Q2 (April-June) 2015 made the first half of the year the best-ever in the history of PE investment in India, totalling USD 7.47 billion, it said.
Sanjeev Krishan, leader, Private Equity, PwC India also believes that the buoyancy exhibited in the first half of 2015 is likely to continue in the second half as well.
"In the short-term, deal activity in e-commerce, healthcare, IT and life sciences is expected to continue; the core and infrastructure sector may see some transactions too. While the Reserve Bank of India has maintained rates for now, it is expected that we would move towards lower rates over a period of time, and this should help," Krishan said.
In terms of cities, Mumbai made a comeback to the top slot with regard to PE investments in this quarter with an investment of USD 2.02 billion from 28 deals, the report added.