The investment of Rs 5,683.50 crore by Abu Dhabi Investment Company in Jio Platforms further affirms the diverse set of investors and underlines the company's commitment towards India's digital transformation.
With over four decades of successful investments around the world, the ADIA-Reliance Jio deal cements Jio Platforms' role in India.
ADIA is the second sovereign fund to invest in Jio Platforms, bringing the total sum of foreign investments in Jio Platforms up to Rs 97,885.65 crore.
Jio has already been able to make its mark so far by reaching out to pretty much every strata of the society, and not just those who would potentially return higher revenues per user.
Silver Lake's stake in Jio Platforms is now over 2 percent, with a total investment of Rs 10,202.55 crore.
Silver Lake's total investment in Reliance Jio Platforms stands at Rs 10,202.55 crore, marking a 2.08 percent stake for Silver Lake on Jio's cutting edge technology arm.
This is the fifth big investment in Reliance Jio Platforms, following investments from Facebook, Silver Lake Partners, Vista Equity Partners and General Atlantic over the past few weeks.
This latest deal means that Jio Platforms has raised a combined Rs 78,562 crore from five leading investors and tech companies.
With the latest deal, Jio Platforms will get a combined Rs 78,562 crore from the five investments.
With investors such as Facebook and General Atlantic, Jio Platforms is one of the most desired technology platforms of India.