private equity and venture capital investments in april were up 23 per cent at usd 2.4 billion, backed by large deals in sectors like e-commerce and life sciences, says an ey report. according to ey, there were 69 pe/vc deals in april worth usd 2,370.09 million, while the corresponding month of 2017 had registered 66 such deals worth usd 1,920.32 million. `pe/vc deal activity in india continues to gather steam and become more robust. both investments as well as exits are on an upward trend,` said vivek soni, partner and leader for private equity advisory, ey. exits also recorded a significant growth of 47 per cent in terms of value during the same period, primarily on account of a single large exit by actis worth usd 692 million. soni said the recently announced majority acquisition of flipkart by walmart is expected to re-rate the indian startup sector. `we believe it will inject new found enthusiasm and energy into the early to mid-stage investing eco-system and inspire many more entrepreneurs,` he said. the next 4-5 years are expected to be the golden age for the indian pe/vc sector, provided there is stability in the political as well as policy front, he said. the largest investment in april 2018 saw softbank invest usd 400 million for a 21 per cent stake in paytm mall. this was followed by couple of deals in the life sciences sector - usd 350 million investment in mankind pharma by chryscapital gic and cppib for a 10 per cent stake, an...