Private equity funds coming to India.

There is money to be made between 1999 and 2001 an American equity fund invested $292mio in Bharti Tele ventures an Indian firm riding on the tidal wave of mobile telephone. Just last month this company sold part of his investment for $1bn and the rest of its stake is worth $700mio. For an investment of around $300mio a dreamy return. as deals in Europe an America become competitive, India along with China has become a global private equity new fronter. Private equity firms are also buying out existing foreign investments. Meanwhile Indian private equity firms have been created as India offers a unique combination of size fast growing businesses and reasonably robust public markets for exit. American giants are on the prowl. With billions of US$ allocated for investment in the country. Seven or eight funds are at present raising money for India.
This arrival of equity funds is a second coming. In the late 90's venture capitalists rushed in to finance information technology start ups. This time it is much concentrated on private investment in public equity, means in companies already listed on the stock markets.
Some company needed prefer private equity investments to sock market listings, as private equity firms have more patience, typically looking for an exit within five to seven years. Compare with europe and America, India can still be seem as an empty playing field with much chance to grow.