Jio Platforms Received Rs 43,574 Crore From Jaadhu Holdings
Jio Platforms engaged in an equity deal with Facebook back in April. It was a $5.7 billion (Rs 43,574 crore) deal which would result in Jio giving away a minority stake of 9.99% to Facebook. This deal between Reliance Jio and Facebook is considered as the biggest FDI in India’s tech landscape. Reliance Jio has now received the amount of the deal. Alongside, it has given away a 9.99% stake... Read More