For the January-August period, there were 552 PE investment deals worth $12.8 billion, down 12 percent over the same period last year when $14.57 million worth of investments were announced.
Moreover, successful subsequent round of fund raises and debut of new funds will also drive deal activity in the PE space, he added.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more