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Vista Equity Partners invests Rs. 11,367 crore in Reliance Jio

Reliance Industries announced today that US-based Vista Equity Partners will invest Rs.11,367 crore in Reliance Jio platforms. Vista’s investment will translate into a 2.32 percent stake in Jio Platforms on a fully diluted basis, said Reliance issuing a statement. This makes the US-based equity firm the largest investor in Jio Platforms, after Reliance and Facebook‘s investment. In less than three weeks, Jio Platforms has raised Rs. 60,596.37 crore from leading technology investors. 

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Akshay Washindkar
23, Aspiring Actor, Screenplay Writer, Filmmaker, Content Writer @Headline English.

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