It has been the coming of age for domestic private equity (PE) funds. Not only has their share of total funds invested in the country gone up by 2.5 times in the last four years, but their latest fundraise is also far more than what they did earlier.
The share of domestic PE funds has gone up from a mere 4 per cent of the total (among domestic, global and government-backed PEs) $19 billion invested in 2019. It went up to 10 per cent in 2023 of the total $16 billion overall PE investment in the country, according to India Private Equity Report 2024 released by Bain and Company in collaboration with IVCA.
This story is from the May 11, 2024 edition of Business Standard.
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This story is from the May 11, 2024 edition of Business Standard.
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