According to assurance, tax and advisory firm Grant Thornton India, there were 59 private equity transactions worth $1.22 billion in July this year, and PE investments in India jumped 48% in value terms. July was dominated by investments in start-ups which contributed to 49% of total investment volumes, while the...
Private Consumer Companies Outpace Listed Peers
Privately-held companies in the consumer goods ("FMCG or Fast Moving Consumer Goods) sector in India have outpaced their peers in the publicly traded spheres, highlighting an opportunity for private equity investors. For example, listed cookie maker Britannia Industries Ltd., which owns popular brands such as Good Day and Tiger, grew...