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Reliance deals arrest overall decline in PE-VC investment in 2020

Led by Jio, telecom accounted for $10.2 billion of the investments during the first 9 months of 2020

Topics
Reliance Industries | PE/VC investments | Reliance Jio

T E Narasimhan  |  Chennai 



PE VC
SoftBank's $507 million investment in Oyo Rooms (as a part of its ongoing $1.5 billion round), and the $500 million investment by EQT and Temasek in renewable energy platform O2 Power.

Private Equity - Venture Capital (PE-VC) firms invested $26.8 billion (in 547 deals) in the first 9 months of 2020. Reliance deals have managed to arrest the overall decline in PE-VC investment figures in 2020 to a marginal 2 per cent compared to $27.4 billion (in 750 deals) in the corresponding period of the last year.

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First Published: Thu, October 01 2020. 17:20 IST

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