Private equity fund investment in India has risen to $2.48 billion till July driven by the country’s robust economic growth and investors are now likely to target opportunities in the core sector in the days ahead.
The India fund pool, referring to investments made by PE funds, has already crossed $2.48-billion mark in the first seven months this year, compared to a total of $3.28 billion in 2006, Asia Private Equity Review (APER) data shows.
“The closing of a number of funds brought in an additional $1.62 billion of fresh capital.” the report said. The next wave of funds are those that would eye infrastructure opportunities, it said.