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Price correction due to covid-19 will create opportunities: report

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MUMBAI : Covid-19 has disrupted private equity (PE) deals, but the resulting price corrections will present new investment opportunities in the second half of the year, said a report by consulting firm Bain and Co. “While we will likely see a reduction in investments in H1 2020, it will be accompanied by price correction across the board.

Based on the global financial crisis experience, deals invested during or after a downturn tend to do well," said the India Private Equity Report 2020.

India continued to be the second largest PE deal market in Asia-Pacific in 2019, with the maximum growth in the region. It drew investments of $45 billion from 1,053 deals during the year, the highest in the last decade, the report added.

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