Even as many debate whether Narendra Modi's government is on the right track for boosting growth in the Indian economy, investors—especially private equity and the venture capital ones— have given a huge thumps up to the governance. And the start-ups, including the unicorns, seem to have been the reason behind the steep increase in the deals in India.
The total number of deals in 2015 touched an all-time high in volume terms. PE and VC concluded 1,049 deals in 2015, mainly due to .the growth of start-ups, according to Grant Thornton's The Fourth Wheel 2016 report.
The total deals in value terms crossed about $16 billion during 2015 the report added. When it comes to the value of PE investments 2015 witnessed an increase in big ticket deals valued over US$ 500 mn each. This is an evidence of a promising business environment that has the potential to attract big investments. However, the level of PE investments is yet to match the big ticket investment levels in 20 ..
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