The environment for entrepreneurial freedom in India, where an individual or a group of individuals can come together and start a business of their choice and grow it in scale, is far more conducive now than it used to be. According to Bain & Company's India Private Equity Report 2015, the total value of PE and VC deals in India grew by 28% year-on-year to reach $15.8 billion. This is nearly six times the value of PE/VC deals reported in 2005.