In spite of this, India was the second busiest PE market in the Asia-Pacific region, ex-Japan, with 346 deals worth USD 3.042 billion in the year, according to a Thomson Reuters report released today.
China was the biggest beneficiary of PE funds in 2013, attracting investments worth USD 4.5 billion, it said, adding that, however, compared to 2012, the world's second largest economy also faced a slowdown in investments, with a sharper decline of 46.8 per cent.
India topped the chart when it came to secondary market exits by PEs which touched USD 254.4 million in the year, accounting for 73 per cent of the total USD 346.1 million exits in the region, the report said.
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