Private equity and venture capital investment in India crossed US$ 8 billion in July – the most fund infusion in a month by PE/VC funds – in the midst of strong investment action in infrastructure and real estate asset classes
As per EY’s private equity deal tracker, July 2019 recorded investment worth US$ 8.3 billion crosswise over 106 deals against US$ 1.8 billion in July 2018 through 70 deals.
The US$ 8.3 billion worth of PE/VC interests in India in July 2019 is the most elevated estimation of month to month investment by PE/VC funds ever recorded, eclipsing the past historical month to month high of US$ 7.1 billion invested in March 2019,” said Mr Vivek Soni, Partner and National Leader Private Equity Services, EY.
In July 2019, strong investment movement in infrastructure and real estste asset classes drove the overall deal count with US$ 4.7 billion worth of mega deals in the infrastructure sector.
With this, the year to date combined PE/VC interests in the Indian foundation sector signify US$ 12 billion, which is more prominent than the total investment gotten by the sector in past seven years set up together.
PE/VC interests in Indian infrastructure so far this year surpass the total PE/VC investment made in the following three largest sectors (financial services, real estate and technology), baring PE Asia’s US$ 800 million buyout of Citius Tech was the other major deal during July.
July 2019 recorded 14 large deals (arrangements of significant worth more prominent than US$ 100 million) collecting US$ 7 billion contrasted with three large deals worth US$ 402 million in July 2018.