MUMBAI: April witnessed the highest number of private equity (PE) and venture capital (VC) deals ever for any month, with 102 deals worth $4.4 billion clocking a 79% year-on-year growth in deal value, according to EY’s Private Equity Monthly Deal Tracker. These included 66 startup deals, which were also the highest ever for any month, according to the deal tracker. The dollar value of the deals in April was, however, the third highest in the past one year. The $4.4 billion worth of deals in April came on the back of 11 large transactions of more than $100 million each, which aggregated to $2.9 billion, compared to eight large deals worth $1.9 billion in April 2018. Most deal activity was seen in the infrastructure sector, which for the second consecutive month saw investment inflow of $1 billion.

Source: Mint May 09, 2019 13:42 UTC