According to the assurance, tax and advisory firm, Private Equity deal values and volumes in October surpassed levels seen during the same month of the earlier years and was also among the highest in a month this year.

As many as six deals valued over USD 100 million each were reported during October, which in turn boosted the Private Equity deal tally significantly. From January-October this year, there were 500 Private Equity deals amounting to USD 10.2 billion, up 18 percent in value terms and 37 percent in terms of number of deals in 2013.
     
"We are seeing a strong rebound in M&A and Private Equity deal activity with investor confidence on a rebound," Grant Thornton India LLP Partner Raja Lahiri said.

"In the private equity space, e-commerce has witnessed maximum investments. A new trend that we are seeing is in the gold jewellery segment, with Warburg's investment of USD 200 million in Kalyan Jewellers," he said.

A sector-wise analysis shows that the IT & ITeS sector attracted the maximum number of deals amounting to USD 785.2 million, followed by the retail and the consumer sector which saw seven transactions worth USD 438.6 million.

"Sectors, which have seen deal uptick, include IT/ITES/ e-commerce and healthcare. Inbound transactions from Japan have been growing with Softbank investing in Snapdeal and Olacabs in October 2014," Lahiri said. He added: "We expect this trend to continue across other sectors as well."

Top Private Equity deals in October include, Softbank-Snapdeal transaction worth USD 627 million, followed by USD 210  million Softbank-Olacabs deal and Warburg Pincus, the US-based private equity firm's 24 percent stake acquisition in Kalyan Jewellers for USD 195.6 million, the report said.

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