Private equity and venture capital investments in India reach $2.3bn in 2005Private equity and venture capital firms invested about $2.3bn in Indian companies across 147 deals during 2005, according to Venture Intelligence India, a division of TSJ Media. The amount invested and the number of deals were significantly higher compared to the $1.6bn invested across 68 deals in 2004.
While late-stage and publicly-listed companies cornered over 60 per cent of private equity investments in 2005, early stage companies re-emerged on investors' radar screens during the year.
In recent years early stage funding tended to be dominated by Indo-US cross-border technology companies - companies which, while headquartered in the US, carry out a bulk of their R&D in India. 2005 marked a break from this trend, with purely India-based early stage companies attracting more investor interest, according to the Venture Intelligence India study.
With 44 deals worth about $474m, the IT and IT-enabled services sector retained its status as the favourite industry among PE investors, followed by the manufacturing sector with 26 deals worth about $366m.
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Private Equity News» By Region» Asia» India
Private Equity News» By Region» Asia» India
