Jio Platforms deals help PE investments climb 12% to $18.8 bn this year yet

Private equity and venture capital (PE-VC) investments spread across 341 deals rose by 12 per cent in the first six months of 2020 to $18.8 billion, with Reliance Industries' digital platform Jio Platforms getting 51 per cent of the value.

Investments better the $16.8 billion (across 503 transactions) in the same period in 2019, according to Venture Intelligence, a research service focused on private company financials, transactions and their valuations. 

Investments totaling over $9.5 billion in Jio Platforms by a troop of clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped