Who invested in Jio?
In all, Jio Platforms has raised capital from thirteen investors, including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, Public Investment Fund of Saudi Arabia, Intel Capital and Qualcomm Ventures, for a total consideration of 32.9 per cent stake.
Who invested in Reliance recently?
Reliance Industries today announced that global investment firm GIC will invest ₹ 5,512.5 crore into its retail arm Reliance Retail Ventures Limited (RRVL) and also and also another investment firm TPG will invest ₹ ₹ 1,837.5.
Who are the foreign investors in Jio?
Following Facebook, a consortium of funds, including TPG, KKR, General Atlantic, Silver Lake and other PEs, and sovereign wealth funds invested USD 9.8 billion in Jio. It accounted for 66 per cent of the growth-stage PE investments in 2020, driving growth investments to an all-time high of USD 15 billion.
Who is the new owner of Jio?
Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Mumbai, Maharashtra, India.
|Jio’s headquarters in RCP, Navi Mumbai|
|Key people||Mukesh Ambani (Chairman) Sandip Das (Managing Director)|
Can I invest in Jio?
Currently, Jio Platforms isn’t listed on any stock exchange. If you want to invest in Jio Platforms, you’d have to invest in Reliance Industries stock. Reliance’s chairman and managing director Mukesh Ambani said that Reliance plans to take Jio public in the future.
Does reliance invest in startups?
In an emailed response to ET, a Reliance spokesperson said, “Reliance remains committed to supporting the build-up of a thriving startup ecosystem in India, particularly in digital enablement space, and will continue to explore various avenues to do so.”
How much did Mukesh Ambani invested for Jio?
Mukesh Ambani gave Google and Facebook a discount on Reliance Jio stake — here’s why
|Company||Investment in Jio||Stake in Jio|
|Silver Lake||₹10,202.55 crore||2.08%|
|Mubadala||₹ 9,093.60 crore||1.85%|
|General Atlantic||₹6,598.38 crore||1.34%|
Does Jio have Chinese investment?
Mumbai/New Delhi: Two months ago, on April 18, the Indian government placed restrictions on the inflow of foreign direct investment (FDI) into India by Chinese investors. … It has been announced that Reliance Jio will be receiving 11 substantial investments from companies based in the United States and West Asia.