 "Dairy sector to see Rs 5,000 cr investments from PEs, VCs in next 5 years")
The domestic dairy industry has of late grabbed the eyeballs of private equity (PE) funds and venture capitalists (VCs), with the sector bagging $60 million investments in just two deals so far this year.
Data from Venture Intelligence show that so far in 2017, only two deals in the dairy space have fetched around $60 million (around Rs 385 crore). The deal values have been consistently on the rise in the past five years. From $13 million in 2013 to $30 million in 2016, and 2017 has already beat the previous year's cumulative deal value.
Venky Natarajan, managing partner,
