For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

PE investments in India up by 74% in Oct-Dec quarter: PwC

By Religare
|
PE investments in India up by 74% in Oct-Dec quarter: PwC
PE firms invested USD 2.12 billion on 76 deals in India during the October-December quarter, up 74 per cent year-on-year, says a PwC report as per the PTI. The investments exceeded the USD 2 billion mark for the first time in 6 years, said the news report.
 

The IT and ITeS sector emerged as the leader in terms of value and volume during the period, said PwC MoneyTree India, a quarterly study, based on data provided by Venture Intelligence. "The fourth quarter of last year (Q4 2013) proved to be an exciting quarter for PE investment with total flows exceeding USD 2 billion, the first time since post Q4 2007," PwC Private Equity leader Sanjeev Krishan said.

Investment value witnessed a surge both in terms of quarter-on-quarter basis and year-on-year basis. On a quarter-on-quarter basis investments value was up by about 19 per cent, while compared to the same period last year (Q4 2012) there was an increase of 74 per cent in deal value.

A sector-wise analysis shows that with 37 deals worth USD 959 million in Q4 2013, the IT and ITeS sector emerged as the leader in terms of value and volume of transactions.

The BFSI sector ranked third in terms of value and volume. The sector witnessed investments worth USD 88 million from five deals.

Dion Global Solutions Ltd.

Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more