Flow of private equity and venture capital investments into India during the month of January stood at $1.8 billion, which was 49 per cent lower compared to January 2018 and 43 per cent lower compared to the previous month. However, the number of deals rose by 65 per cent on a year-on-year (Y-o-Y) basis.
According to EY's Private Equity Monthly Deal Tracker, the decline in value was mainly on account of the absence of a large $1-billion-plus deal, whereas both January 2018 and December 2018 had one such large deal each. This has effectively skewed the headline number by a