According to Grant Thornton India DealTracker report, key sectors such as real estate, e-commerce, healthcare and financial services witnessed an increase in investment.

“The increase in PE deal values, driven by investments in select sectors despite stagnant volumes, indicates market resilience,” said Shanti Vijeta, partner, growth, Grant Thornton India.

"The new government's policy and reform direction will be important in shaping the investment climate and driving future deal activity," Vijeta said.

The merger and acquisition (M&A) scenario saw 38 deals worth $1.1 billion. The top deal was Google's $350 million investment in Flipkart.

The PE scenario saw 99 deals and deal value increased 49 per cent to $4 billion, the second highest monthly deal value since January, driven by nine high-value deals, each worth more than $100 million.

The top PE deal was Brookfield India Real Estate Trust's substantial investment of $723 million in Bharti Enterprises.

In May, the IPO landscape saw significant activity, with five IPOs raising a total of $1.2 billion.

Additionally, the QIP (Qualified Institutional Placement) scenario included three QIPs, which collectively raised $0.5 billion.

The report noted that the retail sector topped the deal volume mainly due to two high-value e-commerce deals worth $625 million.