Indian private equity investments decreased by a quarter in Q1 2013, according to the latest Quarterly Deal Report of VCCEdge.

According to the report, Indian private equity investments were recorded at US 1.8 billion as compared to the USD 2.45 billion recorded during the same period in 2012. Deal volume also fell from 186 to 123 deals.

Early-stage investments, on the other hand, rose with more than USD 53 million worth of private equity capital invested in 45 start-ups.

The most targeted sectors are financials with USD 771 million worth of investment, utilities with USD 365 million, and industrials with USD 251 million.

The report also noted that the most important deal during the quarter was the USD368 million investments by realty funds such as Blackstone Real Estate Partners, Embassy Property Development, GIC Special Investments and HDFC Property Fund in Vrindayan Tech Village.

 The USD 188 million investment in NTPC by GIC Special Investments followed.