Friday Letter A bigger slice of the India pie

June was a good month for private equity in India. New data from advisory firm Grant Thornton shows that, for the first time, the value of private equity deals in a single month has overtaken that of strategic M&A. The 36 private equity investments in India during June totaled $1.83 billion (€1.32 billion), whereas the 24 strategic M&A deals were worth $1.56 billion.