Private equity deals drop 40% in first 6 months of 2020
Private equity investments in India have seen a steep drop in the first six months of 2020. PE investments in the first half of 2020 have come in at about $13 billion excluding the $15.5 billion raised by Jio Platforms.
Deals involving investment of at least $100 million dropped to 30 during January-June, compared with 55 transactions in the comparable year-earlier period. Total value of exits declined by about 45% year-on-year, to $3 billion in the first half of 2020. The number of exits fell 35% to about 75.