Two weeks ago, I was comparing the levels of venture capital activity in India and China. I noted, then with interest, this post from Om Malik on the $125 million investment in media group Nimbus by 3i, Cisco and Omani interests. He notes "...thus began another crazy year of private equity investments in India" adding that "PE investments in India topped out at $7.46 billion2 in 2006 and are estimated to touch $10 billion in 2007".
Update: Contentsutra.com directed us to this release about media, communications, entertainment and information PE firm Providence Equity Partners opening new offices in Hong Kong and India. Does this all mean that the media PE tsunami is about to roll over Asia?
Monday, January 22, 2007
PE floods into India
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