Private equity (PE) firms have invested $17.14 billion (Rs67,874 crore) over 386 deals in India from January to 15 December 2007, according to a report released on Wednesday by accounting and business consultancy firm Grant Thornton India. Total investment in 2006 was $7.85 billion over 302 deals.
The largest deal in 2007 until 15 December was Temasek Holdings Pte Ltd ’s $1.9 billion investment in Bharti Airtel for a 4.99% stake. The top 10 deals accounted for 39% or $6.70 billion of total investments so far this year.
Real estate and infrastructure has emerged as the highest funded sector in the year so far—seven out of the top 10 deals were real estate and infrastructure and it accounted for 38% of total value of investments for the year, a press release said.( Livemint)