Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that global investment firm TPG will invest ₹ 1,837.5 crore into RRVL, a subsidiary of Reliance Industries. TPG’s investment will translate into a 0.41% equity stake in RRVL on a fully diluted basis. This marks the second investment by TPG in a subsidiary of Reliance…
Tag: Jim Coulter
Global investment firm TPG invests ₹4,546.80 cr in Jio Platforms
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•Reliance Industries Limited and Jio Platforms Limited, India’s digital services platform, announced that global alternative asset firm TPG will invest ₹ 4,546.80 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 ₹ 102,432.45 crore from…