Adolescence over, the private equity (PE) industry in India has now clearly stepped into its adulthood. The initial pangs have given way to bigger, bolder and more complex deals. Indian promoters too are recognising them as an independent asset class, as both growth equity and buyouts play out side by side. Take a look at the numbers. They speak for themselves. In 2017, both PE/Venture capital (VC) investments and exits recorded new all-time highs at $26.5 billion and $13.0 billion, respectively.
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