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new Delhi16 days ago
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The total number of deals has reached 791 in 2020 as against 665 deals in 2019.
- Reliance Jio and Retail get highest PE investment in 2020
- Highest investment of $ 24 billion in third quarter
Despite being affected by Corona, the country has invested around $ 2.47 lakh crore in 2020 through private equity (PE). It has grown by 108% compared to the same period a year ago. Out of this, about 18 billion dollars of investment of about 1.31 lakh crore rupees have been received by Reliance Group company and Reliance Retail.
Number of deals also increased
In 2019, private equity investment of $ 16.2 billion was received through a total of 665 deals, according to data from Refinitive. The number of these deals has increased to 791 in 2020, bringing in private equity investment of $ 33.8 billion. According to the data, of the total private equity investment alone, $ 24 billion was invested in the third quarter. Whereas in the fourth quarter total investment of $ 4.57 billion has been received.
Internet-based companies get more investment
According to the data, Internet-based companies attracted the most private equity investments in 2020. These companies received an investment of $ 7.4 billion during this period. Internet-based companies received an investment of $ 5.5 billion in 2019. Communication has received $ 19.2 billion on the basis of industry, $ 3.6 billion for Internet-related and computer software-based companies.
Investment in these sectors decreased
Private equity investment to companies related to financial services, transportation and computer hardware declined in 2020. According to the data, Financial Services has received investments of $ 1.4 billion, Transportation Sector $ 127 million and Computer Hardware Sector $ 18.49 million. A fall in fund raising for Growth Capital in 2020 raised $ 4.3 billion. A fund of $ 7.25 billion was raised in 2019.
Top-10 PE Deals of 2020
|Geo platforms||15.68 billion dollars|
|Tower Infrastructure Trust||3.4 billion dollars|
|Flipkart||1.2 billion dollars|
|Live digital fiber||1.016 billion dollars|
|Jomato||$ 826.42 million|
|Think and learn||823 million dollars|
|Orval stay||807 million dollars|
|Reliance Retail||755.93 million dollars|
|SBI General Insurance||439 million dollars|
|Pep Technology||420 million dollars|