Reliance Industries Limited, Jio Platforms Limited and Google LLC announced the signing of binding agreements for an investment of ₹ 33,737 crore by Google into Jio Platforms. This investment by Google values Jio Platforms at an equity value of ₹ 4.36 lakh crore. Google’s investment will translate into a 7.73% equity stake in Jio Platforms…
Reliance Industries Limited and Jio Platforms Limited, India’s digital services platform, announced an investment of ₹ 11,367 crore by The Public Investment Fund. This investment values Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. PIF’s investment will translate into a 2.32% equity stake…
Reliance Industries Limited and Jio Platforms Limited, a digital services platform, announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest ₹ 9,093.60 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. With this investment, Jio Platforms has raised ₹…
Reliance Industries Limited and Jio Platforms Limited announced that KKR will invest ₹ 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. This is KKR’s largest investment in Asia and will translate into a 2.32% equity…
US-based investment firm General Atlantic recently announced that it will be investing ₹6,600 crore in Mukesh Ambani-led Jio Platforms for a 1.34% stake in the company. According to a company statement, the investment values Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore. “This investment continues…