Intel Capital to invest $253mn in Jio Platforms
Intel Capital is the 12th company to join the list of marquee investors who have recently invested in Jio Platforms, taking the total investment to $15.74 billion.
Jio Platforms raises $1.5bn from Saudi Arabia’s PIF
With the addition of PIF's investment, Jio has established partnerships with a marquee set of global investors, who will contribute to establishing the Digital Society vision for India.
Saudi Arabia’s wealth fund PIF eyes 2.3% stake in Jio Platforms
In case the deal gets finalised, Jio Platforms would be diluting 25 per cent of its equity.
TPG, L Catterton invest $847mn in Jio Platforms
With these investments, Jio Platforms has raised $13.9 billion from nine investors in just under two months.
India gears up to become the next silicon valley of the world
The Indian tech environment is fast evolving to compete on the global stage and collaborate with various global players.
TPG Capital looks to invest up to $1.5bn in Jio Platforms
TPG has been in discussion with Jio Platforms for the past few weeks and may sign a deal soon.
Abu Dhabi Investment Authority invests $750mn in Jio Platforms
With this investment, Jio Platforms has raised $13 billion from seven marquee investors in less than seven weeks.
Indian tech companies are warming up to edge China out of US bourses
Jio Platforms’ recent fund-raising spree sets it up nicely for a possible US listing this year or the next. This could pave the way for Indian tech papers to make a strong play in the world’s largest stock markets, channeling billions of dollars of investments into India.
Abu Dhabi’s Mubadala buys 1.85% stake in Jio Platforms for $1.2bn
With this investment, Jio Platforms has raised $11.6 billion from six marquee investors in less than seven weeks.
Microsoft mulls $2bn investment in Jio Platforms
The global tech firm is looking to put in as much as $2 billion to pick up a 2.5 per cent stake in Reliance Jio.