PE investments in India down almost 40% to $ 3 bn in 2013: Media Report

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PE investments in India down almost 40% to $ 3 bn in 2013: Media Report
Private equity (PE) investments in the country declined 39.6 per cent to a tad over USD 3 billion in 2013, reports PTI.

In spite of this, India was the second busiest PE market in the Asia-Pacific region, ex-Japan, with 346 deals worth USD 3.042 billion in the year, according to a Thomson Reuters report released today.

China was the biggest beneficiary of PE funds in 2013, attracting investments worth $ 4.5 billion, it said, adding that, however, compared to 2012, the world's second largest economy also faced a slowdown in investments, with a sharper decline of 46.8 per cent.

India topped the chart when it came to secondary market exits by PEs which touched $ 254.4 million in the year, accounting for 73 per cent of the total USD 346.1 million exits in the region, the report said.

Read more about: private equity, japan, pe
Story first published: Wednesday, February 5, 2014, 9:11 [IST]
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