US based General Atlantic to buy 1.34% stake in Reliance Jio for Rs 6598.38 crore
Shortpedia
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Amid coronavirus outbreak, Mukesh Ambani-led Reliance Industries on Saturday announced that US-based private equity firm General Atlantic will invest Rs 6,598.38 crore for 1.34% stake in Jio Platforms. This marked Jio Platforms' fourth major deal with a US-based technology investor within a month, following investments from Facebook and private equity companies Silver Lake and Vista Equity Partners.
