After all the recession stories, here is a breather – PE investment in India has touched ~$10 bn in the first nine months of 2008 with $3 bn coming in the last three months.
PE firms invested ~$3bn in the quarter ending September – late stage investments accounting for 1/3rd of the deals during Q3 of 2008 (ET)
There has been quite a lot of action in the last quarter as India dedicated funds have raised $1.8bn (Sequoia leads the way with $750mn, Walden reentered India)
- VC Investment in India jumps 120% in Q2 2008: Bubble in making? |
- VC Investment in Q2 : Non-IT investments amount to 40% of the total deals
- RBI wants Foreign VC Investments to be restricted to few sectors only