General Atlantic to Invest Rs 6,598.38 Crore in Jio
Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, today announced an investment of Rs 6,598.38 crore by General Atlantic, a leading global growth equity firm. This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. General Atlantic’s investment will translate into a 1.34% equity stake in Jio Platforms on a fully diluted basis.... Read More
