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General Atlantic to invest ₹6,600 crore for 1.34% stake in Jio Platforms
May 17, 2020 | By Livemint.com
business
This is the fourth big investment by a global giant in Jio in less than four weeks.The new investment into Jio Platforms will add to the $8 bn deal run that RIL chairman Mukesh Ambani has sealed in recent weeks
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New Delhi: General Atlantic, an US investment firm, will be investing 6,600 crore in Jio Platforms for 1.34% stake in the telecom unit of Reliance Industries, the company said in a statement. General Atlantic had in the past helped fund Airbnb Inc. and Uber T
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