Become A Startup Insider With Inc42 Plus
Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.
Unlimited Access
Unlock unlimited access to 500+ monthly new stories and Inc42’s complete archive of 40,000+ stories.
Inc42 Academy
Exclusive, in-depth and actionable sessions from 300+ industry leaders, founders & operators to help you level up.
Startup Deals
Over $250,000 worth deals on software & tools to help your business scale up.
Member-Only Events
Connect with editors and industry peers through our members-only community
Clutter-Free Experience
Enjoy an ad-free and clutter-free experience as a member, focus on what really matters to you
Support Independent Journalism
Your contribution will go on to support and empower our unbiased & data-driven journalism
Become A Startup Insider With Inc42 Plus
Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.
Choose Your Plan
Become A Startup Insider
Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.
On Thursday (June 18), Reliance Industries announced that Jio Platforms has received an investment of INR 11,367 Cr ($1.49 Bn) by Saudi Arabia’s Public Investment Fund for a 2.32% equity stake on a fully diluted basis. The investment values Jio Platforms at an equity value of INR 4.91 Lakh Cr and an enterprise value of INR 5.16 Lakh Cr.
With this investment, Jio Platforms has raised INR 1.15 Lakh Cr from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April 2020.
To read more, click here.
