Thursday, 4 June 2020

Abu Dhabi Fund Mubadala to invest Rs 9,000 cr in Mukesh Ambani's Reliance Jio Platforms

Mukesh Ambani-owned Reliance Jio Platforms got its sixth investor as Abu Dhabi-based sovereign investor will buy 1.85 per cent stake in Jio Platforms for Rs 9,093.6 crore, RIL said on Friday. With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala, in less than six weeks.

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