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RIL Bags Fifth Investment In A Month, KKR Picks 2.32% Equity In Jio

May 22, 2020 11:57 AM IST India India

Private equity firm KKR is to invest Rs 11,367 crore in Jio Platforms. Through this investment, KKR will pick up a 2.32% equity stake in Jio Platforms. KKR’s investment is the fifth investment in RIL almost within a month. With this deal, Jio Platforms will get a cumulative investment of Rs 78,562 crore from five investors including Facebook.