Photo:Pradeep Gaur/MintNew Delhi: Private equity (PE) space turned off-colour in May as PE investments slid to a three-year low due to absence of sizeable amounts, says a report. “While the deals momentum is good, there will be some big-ticket transactions, especially in the PE space,” Prashant Mehra, Partner at Grant Thornton India LLP, said. “As India remains a hot favourite for PE investors, the government’s ongoing measures towards easing statutory regulations and ease of doing business will perhaps facilitate those large investments,” Mehra added. May was dominated by investments in start-ups which contributed 72% to total volumes. Start-ups in sectors like travel, transport and logistics, education, financial and health technology took pole positionMay was dominated by investments in start-ups which contributed 72% to total volumes.

Source: Mint June 19, 2016 10:52 UTC