Private equity investments were flat year on year at $1.5 billion across 63 deals in July this year, accounting firm Ernst & Young said in a report. Total investments for the year to date till July is almost $17 billion, recording a rise of about 45 percent compared to last year.
“Notwithstanding headwinds at a global as well as the domestic level, Indian PE/VC investment activity has maintained a steady run rate so far, clocking an average of $2 billion worth of PE/VC investments per month in 2018," said Vivek Soni, India head of private equity advisory at EY.
"Exit activity, on the other hand, has been somewhat dampened by the volatility seen in the stock markets over the recent past, especially in the mid-cap and small-cap spaces. Nonetheless, there is a good amount of deal activity underpinned by the secondary and strategic sale segments and we expect the second half of 2018 to be as good as the first half for exits as well," he added.
Highlights Of The Report: