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Deal making through the private equity/venture capital routes saw a sharp 54 percent dip in May at a low $2.8 billion due to fewer large deals, according a report.

However, rainmakers are hopeful that formation of a strong government can help the scenario.

There were 82 deals involving PE/VC investments of $2.8 billion in May, which is a 54 percent decline year-on- year, EY India said June 12 and attributed the fall to fewer large deals, as there were only five deals of over $100 million during the month.

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By udaen

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