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Jio Platforms' deal spree: Eight deals in seven weeks

Reliance Jio has been on a deal spree off lately. The company has had investors from across the globe invest in Jio Platforms. Here’s a breakdown of the investments in a nutshell.

Reliance Jio’s deal spree started with Facebook investing <span class='webrupee'>₹</span>43,573.62 crore in Jio Platforms in April this year. The deal valued Jio at $65.95 billion and gave Facebook a 9.99% stake in the company.
1/7 Reliance Jio’s deal spree started with Facebook investing 43,573.62 crore in Jio Platforms in April this year. The deal valued Jio at $65.95 billion and gave Facebook a 9.99% stake in the company. (Pixabay)
Shortly after Facebook, Silver Lake and Vista invested <span class='webrupee'>₹</span>5,655.75 crore and <span class='webrupee'>₹</span>11,367 crore in Jio Platform respectively, which gave the two companies 1.15% and 2.32% stake in Jio Platforms respectively.
2/7 Shortly after Facebook, Silver Lake and Vista invested 5,655.75 crore and 11,367 crore in Jio Platform respectively, which gave the two companies 1.15% and 2.32% stake in Jio Platforms respectively. (Jio)
This was followed by a <span class='webrupee'>₹</span>5,698.38 crore investment by General Atlantic. This gave the equity firm a 1.34% stake in the company.
3/7 This was followed by a 5,698.38 crore investment by General Atlantic. This gave the equity firm a 1.34% stake in the company. (Jio)
May ended for Reliance Jio with KKR investing <span class='webrupee'>₹</span>11,367 in Jio Platforms and acquiring a 2.32% stake in the company.
4/7 May ended for Reliance Jio with KKR investing 11,367 in Jio Platforms and acquiring a 2.32% stake in the company. (Mint)
June started for Reliance Jio with Mubadala investing <span class='webrupee'>₹</span>9,093.60 crore in Jio Platform and acquiring a 1.85% stake in the company.
5/7 June started for Reliance Jio with Mubadala investing 9,093.60 crore in Jio Platform and acquiring a 1.85% stake in the company. (HT Media)
Shortly after, Silver Lake announced that it was investing an additional sum of <span class='webrupee'>₹</span>4,546.80 crore in Jio Platforms acquiring an additional 0.93% stake in the company.
6/7 Shortly after, Silver Lake announced that it was investing an additional sum of 4,546.80 crore in Jio Platforms acquiring an additional 0.93% stake in the company. (HT Media)
Now Abu Dhabi Investment Authority (ADIA) has announced that it is investing <span class='webrupee'>₹</span>5,683.50 crore in Jio Platforms. This investment gave ADIA a 1.16% stake in the company.
7/7 Now Abu Dhabi Investment Authority (ADIA) has announced that it is investing 5,683.50 crore in Jio Platforms. This investment gave ADIA a 1.16% stake in the company. (Twitter/Jio)