PE activity loses steam in Feb

February 2011 saw $324 million (around R1,460 crore) of private equity (PE) investments in Indian companies across 22 deals, down 54% from the year-ago investment of $699 million across 23 deals, according to data from Four-S Services. The average deal size also decreased from $38.8 million to $23.1 million during the same period. The first two months of 2011 have attracted investments worth $755 million compared with $1.15 billion for the year-ago period. The banking, financial services and insurance (BFSI) sector topped the charts, accounting for 50% of the investments with a deal value of $162.2 million. Real estate came second with investments worth $44.1 million in a single deal. Infrastructure and food were other major sectors accounting for 8% of investments each. Mint, in association with Four-S Services, presents a snapshot of the private equity landscape in India. The charts cover PE activity for the last month, and till date this year.

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