Covid-19 adds fuel to India's private equity explosion
India's private equity market is the most active it has been for at least a decade.
The country had 703 deals as of mid-November, surpassing last year's 667, according to Refinitiv. Even excluding the $15.7 billion invested into telecom provider Jio Reliance in July, the $6.8 billion deployed in the first 11 months is still on track to match or exceed the $7.3 billion recorded in 2019.
Some of the industry's biggest names are leading the charge. Carlyle Group has completed t...