No let-up in India’s private market boom as investors continue to shun China
Robust economic growth underpins optimism; private equity deal value jumps 88% in the first half, with Temasek, Abu Dhabi Investment Authority and EQT scouting for investments
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest private credit transaction, are adding fuel to a hot private market.
With investors still keeping away from China, traditionally the largest Asian private market, the strong growth in India, in contrast, has been drawing the likes of Temasek, BlackRock and EQT to their hunt for deals.
LSEG’s data provided to The Business Times shows the value of PE or buy-side sponsor-backed mergers and acquisitions in India soared to US$11.7 billion in the first six months of this year. This was up 88 per cent from the same period in 2024, although the number of deals fell 25 per cent over the same timeframe, to 224.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
