A flurry of deals involving Mukesh Ambani's Jio Platforms has helped arrest the fall in private equity investments into India to only 10 per cent in the first half of 2020 at $18.3 billion, a report said on Monday.
The $9.6 billion invested into Jio accounted for more than half of the overall investments by private equity and venture capital (PE/VC) funds, and if not for those, the overall activity would be much lower, EY, a consultancy, said.
Its partner Vivek Soni said it has been a very challenging time for both corporate India and investors as both sides have