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PE investment in India touches $3.3 billion

Private equity (PE) firms’ investments in the country touched a whopping US$3.3 billion in January-March, 2011, with infrastructure and manufacturing companies garnering most interest.
 Private equity investments in January-March quarter of 2011 calendar year were about 57 per cent higher than US$2.1 billion worth of PE investment registered in the year ago period and more than double October-December’s US$1.5 billion, according to Venture Intelligence.

The total deal count also increased to 83 equity in the first quarter of 2011 from 81 deals in the year-ago period. Energy, construction manufacturing and banking, financial services and insurance industries (BFSI) were most targeted sectors during the quarter.

Source: Deccan Herald

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