The total exit value also witnessed a significant increase, reaching US$3.6 billion - a nearly five-fold jump from the previous year's corresponding quarter
The total value of PE deals in Indian real estate has dropped significantly, from USD 5.1 billion in FY20 to USD 3.7 billion in FY24. This represents a decline of approximately 27%.
Private equity investments in India dropped 61% during the first half of 2023 compared to the same period in 2022, with sum of equity invested amounting to US$6.1 billion.
According to data from VCC Edge which tracks PE investments, in the first quarter of the calendar year, the value of total PE exit deals has fallen by 7 per cent to hit $1,938 million
The fast-talking Keswani tells Pavan Lall what he learnt from former boss Russi Mody, how he was let down by a private equity investor and why he launched an upscale hotel in Udaipur