PE investments up 37% in Jan-Mar 2017

Private equity investments during the January-March grew 36 per cent to $5.44 billion in 117 deals from $4 billion in 198 deals in the same period a year ago, according to research firm Venture Intelligence.

Flipkart and Ola are back in fund-raising mode in 2017, however at significantly lower valuations. Flipkart has $1 billion in commitments from China’s Tencent and other investors and Ola has received commitments of $330 million from SoftBank and other existing investors.

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