Reliance has bagged nearly half of all private equity investments in India this year – and that doesn’t include the $10 billion from Facebook and Google

BCCL
  • Apart from being the world’s fifth richest person, Mukesh Ambani has so far sealed over $20 billion in investments for Jio Platforms and over $2 billion for Reliance Retail.
  • While India has seen $26.8 billion in PE and VC investments so far, $12.1 billion has gone to Reliance alone.
  • VC investments even though have been quite active this year, the total has fallen by 18% in value and 26% in volume as compared to previous year.
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2020 has been rough for many so far, but for Reliance Industries Chairman Mukesh Ambani, it is turning out to be a good year. Apart from being the world’s fifth-richest person, Ambani has sealed over $20 billion in investments for Jio Platforms and over $2 billion for Reliance Retail so far this year.

In 2020, private equity (PE) and venture capital (VC) investment is clearly dominated by Reliance. According to a report by Venture Intelligence, the Reliance deals account for 45% of all PE-VC deals so far this year.

And while India has seen $26.8 billion in investments so far, $12.1 billion has gone to Reliance alone. It doesn’t even include the $10.2 billion Ambani received from tech giants Facebook and Google.

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BI India/Flourish

Reliance Retail investments so far
CompanyInvestment in Reliance RetailStake in Reliance Retail
Silver Lake₹9,375 crore2.13%
KKR₹5,550 crore1.28%
General Atlantic₹3,675 crore 0.84%

Reliance Jio total investments

BI India/Flourish

It is also worthy to note that Mukesh Ambani isn’t done yet with raising the moolah. Reliance Retail and its fibre InvIT are set to raise more funds.
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VC investments fall in 2020

Though Reliance deals have garnered a major share, the overall venture capital investment picture remains tepid. Total investments have fallen by 18% in value and 26% in volume as compared to the previous year.

BI India/Flourish

Some of the big-ticket investments by startups include Zomato’s $250 million investment, Dream11’s $225 million, BYJU’s over $1 billion investments from PE and VC firms, among others.
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SEE ALSO:

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