PE investments up 62% to $5.4 billion in Q1

Private equity (PE) entities invested about $5.4 billion (Rs 35,000 crore) in India across 124 deals during the quarter ended June, up by 62 per cent than that in the same quarter of 2016, which saw $3.3 billion across 145 transactions.

However, the figure was nine per cent less than the March quarter’s, which saw a record $5.9 billion across 148 transactions. 

Total investments in the first six months of 2017 was a record $11.34 billion (Rs 73,500 crore), as against the $7.4 billion across 335 deals in the same period last year. The previous record high was $10 billion