Private Equity Investments in India Jumped Threefold to $7.46B in 2006
Private equity and venture capital
investments in India surged more than threefold to a record $7.46 billion
in 2006, compared to $2.3 billion in 2005, according to Venture
Intelligence data, reports
Dow Jones.
Excluding investments in real estate sector, private equity funds invested nearly $2.6 billion in 67 deals in Indian during the last quarter of 2006 alone.
Other Highlights from Venture Intelligence data:
- 299 total deals in 2006, with 26 worth more than $50 million compared with 9 such deals a year earlier.
- The information technology and IT-enabled services segment attracted the highest amount of investment with $1.47 billion spread over 87 deals in 2006.
- The manufacturing industry drew $962 million of investments in 55 deals.
- Investments in startup companies accounted for 20% of total deals in 2006 while investments in publicly traded companies made up 22%
