Private equity (PE) and venture capital (VC) firms in India raised more funds in the first nine months of 2019 than in each of the past five years.
Between January-September, 28 PE/VC firms raised $6.2 billion, compared to $5.4 billion raised by 43 firms in the whole of 2018, according to financial data provider Refinitiv. It was also the highest amount raised in the past five years, indicating increasing investor interest in Indian alternative investment funds.
