Mumbai: Since March 25, the lockdown is in force in the country. During this lockdown, Reliance Industries' telecom company Jio is getting 6 major foreign investments one after the other. This time a company of Abu Dhabi has invested in Reliance Jio. According to the information, Abu Dhabi-based company Mubadala will buy 1.85 percent stake in Reliance Jio. This deal is worth 9,093.60 crores.

Giving information in a statement, Reliance Jio has said that Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in the Jio platform. For this, the equity value has been estimated at Rs 4.91 lakh crore and the enterprise value is Rs 5.16 lakh crore. At the same time, Reliance Industries chief Mukesh Ambani has said in a statement that, 'Through my long-standing relationship with Abu Dhabi, I have personally seen the impact of Mubadala's work. We hope that the company will benefit from Mubadala's experience. '

While giving information, Managing Director of Mubadala Investment Company, Khaladun Al Mubarak has told that Jio has already changed the communication and connectivity in India. As an investor and partner, we are committed to supporting India's digital development journey. This is the sixth deal by Reliance in the last few weeks, through which a total of Rs 87,655.35 crore has been raised so far. Prior to Mubadala, it has announced investments in platforms such as Facebook, Silver Lake, Vista Equity Partners, General Atlantic and KKR Jio.

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