India-focused investors' fundraising in Jan-Aug sees 109% annual growth

Investor exits in August twice as much as in July, but 61% lower than the same month a year earlier; investments during the month down 71% on a year-on-year basis

Fundsraising by India-focused investors — both intended and actual — in the first eight months of this calendar year has increased by more than 100 per cent to $5.32 billion from $2.55 billion during the same period last year. In terms of volume, the number of deals during the January-August period rose by 48 per cent to 37 from 25 last year.

 
These investors in August announced fundraising plans worth $3 billion, which was 50 per cent higher than the $2 billion raised in nine deals the previous month, according to the latest EY report.
 
The largest fundraising during