Private equity investments in India surge 46% to Rs. 1,28,865 crore (US$ 15 billion): Top deals of 2024

Private equity investments in India reached Rs. 1,28,865 crore (US$ 15 billion) in 2024, marking a 46.2% rise from the previous year, according to LSEG Deals Intelligence. Key sectors driving this growth included healthcare and pharmaceuticals, consumer-related industries, and technology. Notable transactions included Data Infrastructure Trust’s Rs. 18,642 crore (US$ 2.17 billion) deal, involving one transaction across three firms, and Kiranakart Technologies Pvt Ltd, which secured Rs. 11,684 crore (US$ 1.36 billion) through four deals, reflecting the expansion of e-commerce in India. Other significant deals included Hyundai Motor India Limited’s Rs. 8,496.50 crore (US$ 989 million) investment in the transportation sector and Fourth Partner Energy Pvt Ltd, which raised Rs. 2,353.93 crore (US$ 274 million) in the industrial/energy sector. 

Despite the growth in investment, private equity funds raised in India declined by 29% YoY to Rs. 36,941 crore (US$ 4.3 billion). However, over the last three years, approximately Rs. 197,593 crore (US$ 23 billion) in private equity funds have been earmarked for deployment in India. India remains a top market in the Asia Pacific for financial sponsor activity, with a market share of 28%, up from 15% in 2023. Favourable government initiatives, global monetary easing, sectoral opportunities, and a growing focus on integrating ESG into growth strategies are expected to drive private equity activity in India in 2025. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.