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PE/VC investments hit 10-year high at $3.1 bn in May

Financial services sector topped the table on account of the $1.4-bn investment by Softbank in Paytm

T E Narasimhan  |  Chennai 

Private equity and venture capital (PE/VC) investments have recorded the highest monthly investments in the past 10 years at $3.1 billion in May 2017. For the third consecutive month in a year, the investment flow crossed the $2-billion mark. The financial services sector topped the table on account of the $1.4-billion investment by Softbank in Paytm. This deal accounted 46 per cent of aggregate deal value for the month. According to Ernst & Young (EY) data, the month recorded a 264 per cent increase in terms of value and 23 per cent in volume over May 2016. PE/VCs have ...

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First Published: Wed, June 14 2017. 01:07 IST
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