India: Private equity deal flow continues to be slow

India Times – Economic Times 15 March 2013
Private equity and venture capital investments continued to be slow with a slight improvement in aggregate value of deals as compared to January 2012.
There was only one deal of more than $50 million. There were no new successful fundraise announcements during the month. Exits continued at the same levels as last month.
February 2013 witnessed 29 deals totalling to $378 million — nearly 60 per cent improvement in terms of deal value compared with January, but a 35 per cent decline compared to February 2012. Number of deals during the month remained the same as previous month, but was down 35 per cent compared to February last year.
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