In 2012, private equity investments touched $7.5 billion.
Global consultancy EY said that PE activity in the country has been range bound with an average of $8.5 billion across 400 deals in each of the last four years.
"The year 2013 witnessed total investment of $9.1 billion across 392 deals. . . mainly due to few big ticket transactions," it said.
Total number of deals were higher at 415 in 2012.
In terms of value, the top ten deals accounted for about 45 per cent of the total PE investments made in 2013.
"The largest deal of the year was announced in the Telecom space -- Qatar Endowment Fund's investment of $1.2 billion in Bharti Airtel.
“This is the second largest PE investment ever in India," EY said in a statement.
Reflecting change in the deal mix, early stage/venture capital transactions made up for about 46 per cent of the overall count registered last year.
However, EY said there has been slowdown in mid-market deal activities because of ‘macro-economic slowdown, regulatory issues, governance matters and slow capital investment cycle and exit issues from current investments’.
Equity outlook: We are likely headed for a long-term bull cycle
Kohli hits century but India lose to New Zealand in first ODI
Pakistani journalist Tarar says she is a victim of conspiracy
FIIs, sovereign funds to keep Indian market full of liquidity: RBS
Wal-Mart sets up new company in India