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India: Jio Draws New Investments Worth $602 Million
June 7th, 2020 - 11:00 GMT

India: Jio Draws New Investments Worth $602 Million

India's leading digital services company Jio Platforms, which has drawn billions of dollars of investments in less than six weeks from major global investors, including UAE's Mubadala Investment Company, announced that private equity firm Silver Lake and its co-investors would invest an additional $602 million. Following this new investment, the US private equity firm and its co-investors will hold a 2.1 percent stake in Reliance Industries Ltd's digital service unit ...
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