Back to Career News

Jio Platforms receives over ₹ 30,362 crore from investors

July 11, 2020

Jio Platforms receives over ₹ 30,362 crore from investors

Jio Platforms has gotten all the endorsements for its stake deals to L Catterton, PIF, Silver Lake, and General Atlantic Singapore, and has an aggregate of ₹ 30,362.43 crores for 6.13% stake.

The organization said, “We thusly educate that, after receipt of every single essential endorsement, Jio Platforms Limited, an auxiliary of the Company, got the membership sums from the accompanying financial specialists and dispensed value offers to them”.

Interstellar Platform Holdings Pte. Ltd. (L Catterton) had placed in ₹1,894.50 crore for 0.39%, PIF had taken 2.23% value for 11,367 crore; SLP Redwood Holdings Pte. Ltd. what’s more, SLP Redwood Co-Invest (DE), L.P. (Silver Lake) had contributed ₹10,202.55 crore for 2.08%, and General Atlantic Singapore had gotten 1.34% for ₹6,598.38 crore in Jio Platforms.

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp