India: Reliance Jio deals drive up PE investments 12% in H1 2020 to $18.8b

India: Reliance Jio deals drive up PE investments 12% in H1 2020 to $18.8b

Photo: Reuters

A string of deals struck by Reliance Industries’ Jio Platforms helped drive private equity (PE) investments 12% higher in the first half of this calendar year to $18.8 billion (across 341 deals). This was despite the subdued April-June quarter for PE activity on account of the coronavirus crisis, according to a report by financial data tracker Venture Intelligence.

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