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EQT exceeds $5-bn investment target in India, doubles down on healthcare

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Sweden's private equity firm EQT has invested more than its targeted $5 billion in India, with a focus on buyouts and investments in the healthcare sector. EQT has invested around $6 billion in India over the past 18 months and sees the country as an attractive investment destination. The firm has also raised $2.4 billion from exits in the past two years and plans to target investments in the tech and real estate sectors in addition to healthcare. EQT merged with Baring Private Equity Asia earlier this year, further expanding its presence in India.