Investors in PEs get choosy

EVEN AS FUNDRAISING environment remains challenging, the private equity (PE) space in India is consolidating at the top.

- AYANTI BERA

In 2025, so far, just 12 PE funds have raised $5.78 billion whereas in 2021, a similar quantum was mopped up by as many as 24 players. In 2023 too, the spoils of about $6 billion were shared between 23 funds, as per Preqin data.