The Indian private equity (PE) and venture capital (VC) ecosystem had a year like never before in 2020. According to data by VCCEdge and EY analysis, investments by these investors stood at $47.5 billion from January to December—a record year for investments compared to $47.3 billion for the same period in 2019.
Though the number looks rosy, one cannot escape that, of this, $17.298 billion was raised by Reliance Group’s various entities, especially its technology arm Jio Platforms Ltd [Reliance Industries is the owner of Network 18, the publisher of Forbes India]. The Group alone took home 36 percent of the total capital raised by companies in India. It was also the first time that any group globally managed to raise such a volume of capital during the pandemic.
This year’s largest cheque was signed by global PE firm KKR when it deployed $1.5 billion in Jio Platforms for acquiring a 2.32 percent stake. It also invested $754 million in Reliance Retail Ventures for a 1.28 percent stake. Other large investors who deployed in Reliance Group companies include Public Investment Fund of Saudi Arabia, Silver Lake Management, Mubadala Investment Company, Singapore’s sovereign fund GIC, among others.
If one looks at the Indian PE-VC ecosystem, one or two deals skew the data every year. In 2020, it is left with deals worth $37.33 billion, which looks lot less compared to last year. This includes real estate and infrastructure investments too.
Denne historien er fra January 29, 2021-utgaven av Forbes India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 29, 2021-utgaven av Forbes India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet