Call it the King Kong of private equity (PE) deals in India; the acquisition of Flipkart by US retail giant Walmart is worth more than the top 14 PE exits that have taken place in the past five years.
A closer look indicates that the more significant deals have been distributed among e-commerce, technology, telecommunications, financial services, pharmaceuticals and the automotive industry (see table).
Of the largest exits by financial size, five were in financial services, four in technology and e-commerce, two in telecom, two in automotive, one in pharmaceutical space.
The trend is abundantly clear – the biggest deal