PE-VC firms invest $26.3 billion in Jan-Sep 2020; down 2 per cent YoY

Investments in RIL subsidiaries deals have managed to arrest the overall decline in PE-VC investment figures in 2020

Private Equity - Venture Capital (PE-VC) firms invested $26.3 billion (across 547 deals) in the first 9 months of 2020. Investments in Reliance Industries Limited subsidiaries have managed to arrest the overall decline in PE-VC investment figures in 2020 to a marginal two per cent compared to $27.4 Billion (across 750 deals) in the first nine months of 2019.

According to Venture Intelligence data, the $12.1 billion invested by global private equity and sovereign wealth funds in Reliance Industries’ Jio Platforms ($9.9 billion) and Reliance Retail ($2.3 billion) accounted for 45% of the total PE-VC investment value in 2020.

This figure excludes