Thursday, April 12, 2007

PE Investments surge!

The Indian private equity scene is storming with fresh influx of funds from the private equity industry. With the dwindling returns of developed economies, investors are now turning towards developing economies such as India. From a tepid start, the industry is steadily turning extravagantly agog about companies in India with ever expanding options of sectors available for investment, and with burgeoning profits of domestic companies coupled with the support of a booming stock market. Substantiating this fact, the total private equity funds raised in India have grown from a meager $260 million in 2003 to $3820 million in 2006. The total private equity investments made in 2006 were 278 of which 238 were disclosed.

The year 2006 has by far been the most promising year as far as private equity is concerned. A case-by-case description of the Indian VC/PE deals of 2006 will follow in the posts to come.

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