According to Bain and Company's India Private Equity Report 2015, the deal value in the private equity (PE) segment, including real estate, infrastructure and VC deals, rose to a seven-year high of $15.2 billion last year, registering a 28% spike from 2013. "PE activity continues to play a pivotal role in the country's capital needs and we expect this trend to intensify as India's economy strengthens," said Arpan Sheth, the leader of Bain's India Private Equity practice and lead author of the report.