This big company invested crores in Reliance Jio, third major investment in a week
This big company invested crores in Reliance Jio, third major investment in a week
Share:

Mumbai: Reliance Industries owner Mukesh Ambani will be very happy today. Because another big company has made a big investment in JIO. Within a month, the third major investor in Jio has invested crores of rupees. Vista Equity Partners has announced an investment of Rs 11,367 crore in Jio. This investment is the third major investment in Jio platforms within the last three weeks.

The equity value of Jio platforms has been estimated at Rs 4.91 lakh crore and the enterprise value of Rs 5.16 lakh crore. With this investment in Vista Equity Partners Jio platforms, it has become the largest investor after Reliance and Facebook. Jio Platforms has collected 60,596.37 crores from leading technology investors. Vista's investment is at a 12.5% premium over the Facebook investment in April. Earlier this week, Jio was invested by Silver Lake. That investment was also at a premium from the Facebook deal.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, said on Vista's announcement that, "I am pleased to welcome Vista as an important partner, it is one of the largest specialized tech investors around the world." ' He further said, 'Like our other partners, Vista also shares the same vision with us. Which is the vision to develop and transform the Indian digital ecosystem for the benefit of all Indians.

Prices of petroleum products decreased in Pakistan, whereas in India it increased

GSK sold its stake of Hindustan Unilever, deals for Rs 25480 crore

SBI gave big gift to its customers, reduced interest rate on loan

Share:
Join NewsTrack Whatsapp group
Related News