Who invested how much in Jio Platforms as it raised ₹1.15 lakh crore in 58 days?
Reliance Industries has said that Saudi wealth fund PIF's ₹11,367 crore investment marks the end of current phase of fundraising for Jio Platforms, its digital unit. Reliance raised over ₹1.15 lakh crore by selling a 24.7% stake in Jio Platforms in just 58 days. Facebook bought a 9.99% stake for ₹43,573 crore while KKR invested ₹11,367 crore for 2.32% stake.