PE deals grew 7.5 times in Aug

PE deals grew 7.5 times in Aug

 Month-wise, it pointed out that PEs have invested over $1 billion in Indian companies in August, which is more than seven per cent from an year-ago period, with investors’ increased preference to telecom and financial services sector.

As many as 35 companies saw PE investment pouring during the period, while PE firms made an exit from 18 other companies. Compared sequentially from July, deal value in August was up 60 per cent.

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