Ril Group Deals Account For 45% Of $26.3 Bn Pe-vc Investments

by daijiworld.com posted 4months ago 21 views
New Delhi, Oct 3 (IANS) 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 percent of the total PE-VC investment value in 2020, according to data from Venture Intelligence, a research service focused on private company financials, transactions and their valuations. This figure excludes the $10.2 billion in strategic investments by Silicon Valley tech giants Google and Facebook.

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