Who invested in Jio in 2020?

Google pays Rs 33,737 cr to Jio Platforms as its biggest-ever investment in an Indian company – The Financial Express.

Who is buying Jio?

American PE firm KKR acquired a 2.32\% stake in Jio Platforms for ₹113.67 billion (US$1.5 billion). In June 2020, Emirati sovereign fund Mubadala confirmed that it would acquire a 1.85\% stake in the company for ₹90.936 billion (US$1.2 billion).

Who invested in Jio platform?

Google’s new investment gives Jio Platforms an equity valuation of $58 billion — the same valuation implied by Facebook. Other investors, including General Atlantic, Silver Lake, Qualcomm, Intel and Vista, have paid a 12.5\% premium for their stake in Jio Platforms.

Did Google invest in Jio?

Joining the elite list of investors, such as Facebook, Google has now paid ₹33,737 crores to Jio Platforms Limited, a subsidiary of the Mukesh Ambani-owned Reliance Industries Limited (RIL). With this investment, Google owns a 7.73\% stake in Jio.

How do 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.

How can I invest in Jio?

How to invest in Jio Platforms. 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?

JioGenNext is a startup accelerator backed by Reliance Industries. We advise and mentor exceptional founders for launching their startup in the Jio ecosystem.

Does Jio have stock?

Reliance Jio Infocomm Ltd. is not listed on NSE (View BSE)