Q2 2009 Investment in India @ $888mn – IT and ITES takes the crown

Worldwide, investments have followed the downward route, but the good news is that Q2 2009 numbers have fared better than Q1.

Private Equity (PE) firms invested about US$888 million across 44 deals during the quarter ended June 2009, significantly lower as compared to last year numbers ($2,587 million across 92 deals), but marginally better than Q1 2009, which registered $612 million across 43 deals (via)

Sectoral Distribution

  • IT & ITES industry registered 12 deals worth $67 million,
  • Healthcare & Life Sciences – 6 deals worth $129 million.
  • BFSI – 6 deals worth $116 million.

Deal Stage Breakup

  • Late Stage and VC-type investments accounted for 15 deals (34%) each
  • As far the deal size is concerned, Quippo telecom’s Rs. 600 crore was among the highest, followed by Norwest Venture’s 2.1% stake in NSE.

Related: Cleantech Investment in India – $131mn Raised in Q2 2009 Get the entire Funding story from India