Private equity firms made investments worth $10.11 billion in India during 2011, taking their total investment over the past five years to about $47 billion, a report by research firm Venture Intelligence says. In 2011, investments worth $10.1 billion were announced by way of 441 deals, compared to $8.1 billion through 362 deals in the previous year. Year-on-year deal activity has witnessed an upsurge despite PE investments witnessing a decline in the October-December period on a quarter-on-quarter basis. PE investment in October-December, 2011, declined to about $1.4 billion across 105 deals from $1.8 billion across 88 transactions in the same period of 2010, largely due to economic uncertainty and the decline in public markets, the report said.
Source: Economic Times
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