Private equity investments in January-March amounted to $ 3.1 billion through 160 transactions, registering a moderate 2 per cent decline in terms of deal value over last year, says a PwC report. In comparison with the year-ago period, there was a considerable decline of 24 per cent in terms of deals numbers. January-March 2015 quarter had seen 211 deals worth $ 3.16 billion. “Indian macros continue to gain health and this is likely to spur M&A and funding activities over the next few months, however we expect this to be sectoral.” PwC India leader Private Equity Sanjeev Krishan said.
Read more: Economic Times
