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Abu Dhabi state fund in talks to invest $1 billion in Jio Platforms: Report
short by Anushka Dixit / on Thursday 28 May, 2020
Abu Dhabi state fund Mubadala Investment Company is in talks to invest $1 billion in Reliance Industries' Jio Platforms, reports said. Mubadala told Reuters that Jio has been getting investments from "wide range of world-class investors". Jio has raised over $10 billion from investors including Facebook in a month and is reportedly planning to get another $2-billion investment from Microsoft.
read more at Reuters