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.
*Please create a profile first to EARN & REDEEM points
Vista Equity Partners invests Rs. 11,367 crore in Reliance Jio
We are building a board of industry expert to help us verify important news stories. If you would like to empanel yourself, please click here.