PE-VC investments in 2020 grow 6.6% to $39.2 bn on back of RIL deals

Venture Capital type investments however fell 13 per cent in value (and 16% by volume) in 2020 ($10.7 Billion across 694 deals) compared to last year ($12.5 Billion in 832 deals).

Private Equity - Venture Capital (PE-VC) firms grew by 6.6 per cent in 2020 to $39.2 billion (across 814 deals) from $36.3 billion (1,012 deals) in 2019. The increase was largely due to RIL deals, which helped to create hat-trick (three continuous years) of record-high PE investments in the country.

These figures include Venture Capital investments, but exclude PE investments in real estate.

According to Venture Intelligence data, the deals include the $17.3 billion invested by US-headquartered private equity and other global sovereign wealth funds in Reliance Industries Limited (RIL) Group firms including Jio Platforms ($9.9 Billion), Reliance Retail ($6.4