Buying a stairway to heaven
Economic Times - Apr 16, 2006
In the first three months of this year, PE investments have flowed into eight deals worth $350 million, according to a study by Venture Intelligence India. The PE players started closing deals after spending much of 2005 raising capital. Flush with funds now, they are looking for investment opportunities in real estate.
Says Arun Natarajan of Venture Intelligence India: ”The fact that real estate has emerged as the third most favourite industry for PE investments during this quarter -- after IT & ITES and manufacturing -- is a clear sign of things to come. This significant deal activity indicates that the PE firms and developers are working together actively to overcome issues like corporate governance that were initially considered major challenges to investments in this industry.”
Private equity and venture capital firms invest $1.4bn in India in Q1
AltAssets - Apr 10, 2006
Private funds invest $1.4 bln in India in Jan-March
NDTV Profit - Apr 10, 2006
Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.