Inflows into Jio Platforms limit H1 PE/VC dip to 10 pc at USD 18.3 bn

MUMBAI: A flurr y of deals involving Mukesh Ambani's Jio Platforms has helped arrest the fall in private equity investments into India at only 10 per cent in the first half of 2020 at USD 18.3 billion, a report said. The USD 9.6 billion invested into Jio accounted for more than half of the overall investments by private equity and venture capital (PE/VC) funds, and if not for those, the overall activity would be much lower, EY, a consultancy, said.