Big investment in JIO, four companies invested more than 30 crores
Big investment in JIO, four companies invested more than 30 crores
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Mumbai: The country's giant Reliance Industries has informed that Jio Platforms received Rs 30,062 crore from four investors. The company has received this amount in lieu of 6.13 percent stake sale. Reliance has informed the stock market that it has received Rs 30,062 crore for the sale of 6.13 per cent stake in its digital platform from L Catterton, The Public Investment Fund, Silver Lake and General Atlantic . Earlier, the company has received an amount of Rs 43,574 crore from Facebook for the sale of 9.99 percent stake.

Let us tell you that Reliance has sold 25.09 per cent stake of Jio, the country's newest telecom company, to 11 investors for Rs 1,17,588.45 crore. Reliance gave this information on July 7, "Jio Platforms Ltd has allotted equity shares to Jaadhu Holdings. With this Jaadhu Holdings holds 9.99 per cent equity shares of Jio Platforms Ltd. "It is noteworthy that Jaadhu Holdings is a wholly owned subsidiary of the legendary social media website Facebook.

The same Reliance has also informed that InterCellor Platform Holdings of El Catterton has paid Rs 1,894.50 crore for 0.39 per cent stake in Jio Platforms. Similarly, Public Investment Fund has given Rs 11,367 crore for 2.32 percent stake. At the same time, Silver Lake-linked entities SLP Redwood Holdings Pte Ltd and SLP Redwood Co-Invest (DE) have purchased 2.08 percent stake for Rs 10,202.55 crore.

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