MUMBAI, Nov. 15 -- The infrastructure sector drove private equity (PE) and venture capital (VC) investments in India in October, forming 43% of the overall deals worth $3.3 billion, said a report by the Indian Private Equity and Venture Capital Association and consulting firm EY.
Even though October investments were on a par with the same month last year, infrastructure deals, at $1.4 billion, jumped to 43% of overall deals from 6% a year earlier.
Despite a slower October, 2019 continues to be a marquee year for PE/VC investments with the January-October period witnessing investments worth $43.7 billion, 16.5% more than the $37.5 billion investments received in the whole of 2018.
The largest infrastructure deal in October saw Abu Dhabi I...