"PE investments were largely characterised by large-value deals (which were more than $100 million) mainly due to increasing exposure of pension funds, sovereign wealth funds and global buyout funds in India.

We expect this momentum to continue on account of increased competition, massive amount of dry powder available to be deployed and encouraging government initiatives like incubation of tech funds among others,”

Prashant Mehra
Partner, Grant Thornton India LLP

This article appeared in The Hindu Business Line on 16th July, 2018.