Despite Covid-19, the Indian private equity (PE) landscape witnessed a record high of $62.2 billion of investment in 2020, on account of Jio Platforms and Reliance Retail deals contributing $26.5 billion. This value is around 40% of the total deal value, said a report released by Indian Private Equity & Venture Capital Association (IVCA) and Bain & Company.
A steady momentum in growth equity was witnessed with $10 billion in investments driven by a massive up-surge in late-stage deal which is more than in all previous years and nearly at par with 2019.
Read more/Source: The Economic Times
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