Silver Lake infuses additional Rs 4,547 Cr in Jio
Image Credit: shortpedia
Mukesh Ambani led Indian telecom giant Reliance Jio is on funding spree, and just closed seventh deals in a row from overseas entities in less than six weeks. On Thursday, Abu Dhabi sovereign fund Mubadala Investment Company invested Rs 9093.6 crore in Jio for 1.85% stake. The latest deal would value Jio platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.