Private Equity firms invested $10,117 million over 441 deals in India during the 12 months ending December 2011, compared to $8,187 million across 362 deals during the previous year, according to analysis by Venture Intelligence, a research service focused on Private Equity and M&A activity. These figures - which include VC investments and exclude PE investments in Real Estate - take the total investments by PE firms over the past five years to about $47 billion across 2,062 transactions. The latest Venture Intelligence data however reveals that PE investments in October-December 2011 declined to about $1,456 million (across 105 deals) compared to the $1,828 million invested (across 88 deals) in the same period in 2010 and $2,334 million invested (across 109 deals) in the immediate previous quarter. “The amount of PE capital deployed has declined for the fourth successive quarter in keeping with the economic uncertainty and the decline in public markets,” noted Arun Natarajan, CEO...