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Reliance Jio-ADIA deal: All you need to know

Reliance Industries Limited (RIL) raised ₹5,683.50 crore from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its Jio Platforms. ADIA’s investment will translate into a 1.16% equity stake in Jio Platforms on a fully diluted basis. Including the latest investment, Reliance Jio Platforms have so far raised ₹97,885.65 crore from global investors.

By: HT TECH
Updated on: Jun 08 2020, 08:27 IST

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First Published Date: 08 Jun, 08:27 IST

Tags: adia ambani zuckerberg jio deal jio investment reliance adia reliance facebook jio mukesh ambani reliance reliance industries

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