The private equity investments in India have already hit an all-time annual high of $28.66 billion, significantly higher than the $16.27 billion figure recorded in entire 2019, reports Hindu Businessline.
While the number of deals stands at 560 as of September, compared to 663 in entire 2019, in volume terms the investment per deal has witnessed a significant jump, as per the data from Refinitiv which is a global provider of financial markets.
It should also be noted that there has been no slowdown in the deals in any of the quarters. The first quarter of the calendar year recorded 179 deals, followed by 184 and 197 deals in the second and third quarters.
As much as $15.34 billion of the investment was cornered by Jio Platforms alone, followed by $3.4 billion by Tower Infrastructure Trust, and $1.2 billion by Flipkart Online Services.
Meanwhile, in terms of industries, the communications, internet and computer software industries have amassed the maximum investments.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.