# 6 weeks, ₹87,000 crore: Rounding up all of Reliance Jio investments so far | Tech News (HT Tech)
> Here's a look back at the 6 deals Reliance Industries Limited (RIL) struck with 6 foreign investors to rake up this huge sum of ₹87,000 crore in investments.
# 6 weeks, ₹87,000 crore: Rounding up all of Reliance Jio investments so far
## Here's a look back at the 6 deals Reliance Industries Limited (RIL) struck with 6 foreign investors to rake up this huge sum of ₹87,000 crore in investments.
Aug 20 2022, 21:23 IST
Mubadala is the latest on the RIL’s deal roster for now that was kicked off with Facebook on April 22. After Facebook came Silver Lake, Vista Equity Partners, General Atlantic and KKR. (REUTERS)
### By HT TECH
Saying that Reliance Jio has been on a roll will not justify a feat like this. In six weeks, Reliance Industries Limited (RIL) has managed to raise ₹87,655.35 crore from foreign investors. This includes its latest deal with Abu Dhabi-based investor Mubadala Investment Company who will be investing ₹9,093.60 crore in Jio Platforms, as announced today.
Mubadala is the latest on the RIL’s deal roster for now that was kicked off with Facebook on April 22. After Facebook came Silver Lake, Vista Equity Partners, General Atlantic and KKR.
Currently, things at RIL, as far as foreign investments are concerned, look a bit like this -
Also read
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Let’s just take a look back at all the deals RIL has brought on board for now.
April 22, 2020 - Facebook bought a 9.9% equity stake in Jio Platforms for $5.7 billion ( ₹43,574 crore). This was the largest investment for a minority stake by a tech company in an Indian firm so far and also the largest foreign direct investment (FDI) for a minority investment in India.
May 4 - US-based equity firm Silver Lake invested a sum of ₹5,655.75 crore into Jio Platforms. This investment valued Jio Platforms at an equity value of ₹4.90 lakh crore and an enterprise value of ₹5.15 lakh crore. Silver Lake bagged a 1.15% stake in Jio Platforms.
May 8 - RIL announced that US-based private equity firm Vista Equity Partners has invested a sum of ₹11,367 crore in Jio Platforms for a 2.32% stake. Vista's investment valued Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore. This value is roughly the same as that of Silver Lake.
After Facebook, Silver Lake and Vista Equity Partners deals, Jio Platforms raised ₹60,596.37 crore.
May 18 - General Atlantic, a US-based equity firm, announced the investment of ₹6,598.38 crore in Reliance Industries Limited’s (RIL) Jio platforms. This massive investment by the firm translates to a (not so massive) 1.34% equity stake in Jio Platforms on a fully diluted basis. With this, Jio Platforms raised ₹67,194.75 crore thus far.
May 22 - RIL announced a deal with US-based investment firm KKR worth ₹ 11,367 crore in exchange for a 2.32% equity stake. In just a month, Jio Platforms announced investments worth ₹78,562 crores by global technology investors.
June 5 - RIL announces deal with Mubadala. The latest investment is at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore, which is the same as all the recent investments. The deal got Mubadala 1.85% equity stake.
Jio Platforms have now raised ₹87,655.35 crore in a matter of only six weeks.
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05 Jun, 19:44 IST
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