Reliance Jio Platforms says Abu Dhabi Investment Authority (ADIA) will invest $750M for a 1.16% stake in the company
Mukesh Ambani has courted the seventh major investor for his telecommunications business in just as many weeks. — On Sunday, Reliance Jio Platforms said it will sell …
Reliance Jio continues to raise more money at excellent valuations... “(Reliance Jio) has now secured nearly $13 billion from seven investors including Facebook, and U.S. private equity firms Silver Lake, General Atlantic by selling close to 20% stake.” https://techcrunch.com/...
I don't know much about Reliance Jio (Indian telco), but I do know this: They have cracked the code in getting more PR juice out of fundraising than any other company I've seen, ever. Every day, another huge company or PE firm investing. Drip, drip. Holy cow. https://twitter.com/…