Private equity and venture capital (PE/VC) investments rose in August by 5.4 times over the amount in August 2016, to $5.4 billion (Rs 34,600 crore), the highest ever in a month.
This was mainly on account of two mega deals, SoftBank’s (of Japan’s) $2.5-bn investment in Flipkart and GIC’s (the Singapore government’s sovereign wealth fund’s) $1.4-bn investment in DLF commercial property assets. These were also the largest deals ever in the e-commerce and realty sectors, respectively.
In number of deals, there was 18 per cent growth in August from the 39 of the same month last year, according to a report from
