Jio has been in the news over the past couple of months as the company has been attracting a slew of investors pouring a lot of money into the company in exchange for a stake. Here is a look at some of them:
1. Facebook – Jio Deal
The Facebook-Jio deal happened in April when the social media giant invested ₹43,574 crore in Jio for a 9.9% stake. The deal made Facebook the largest minority shareholder in Jio platforms.
2. Silver-Lake Deal x2
Silver Lake Partners invested ₹5,655.75 crore for a 1.15% stake in Jio on May 3. The same company poured in an extra ₹4,546.8 crore in Jio Platforms for 0.93% stake on June 5.
3. Vista Deal
Vista Equity Partners put in ₹11,367 crore and acquired a 2.32% stake in Jio Platforms.
4. General Atlantic Deal
General Atlantic, bought 1.34% stake in Jio Platforms for ₹6,598.38 crore on May 17.
5. KKR Deal
KKR acquired a 2.32% stake in Jio Platforms for ₹11,367 crore.
6. Mubadala Deal
The Abu-Dhabi based sovereign investor Mubadala, invested ₹9,093 Cr In Jio for a 1.85% stake on June 5.
7. ADIA Deal
Another Saudi based investor, TheAbu Dhabi Investment Authority (ADIA) has announced that it will pump ₹5,683.5 crore into Jio Platforms.