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KKR-Reliance Jio Platforms deal: All you need to know about the US-based private equity firm
Fp Staff • 5 years agoReliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms
KKR will invest Rs 11,367 cr into Reliance Jio Platforms: Key takeaways from the deal with global PE firm
Fp Staff • 5 years agoKKR will invest Rs 11,367 crore into Jio Platforms: Key takeaways from the deal with global PE firm
Will look for more digital, tech-driven investments in India, says Sanjay Nayar of KKR
Fp Staff • 5 years agoKKR will be investing Rs 11,367 crore in Jio Platforms for a 2.32 percent stake. This is KKR's largest investment in Asia.
KKR to invest Rs 11,367 cr in Reliance Jio for 2.32% stake, fifth deal in less than a month
Fp Staff • 5 years agoWith the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.
Reliance strikes 5th deal, sells 2.32% in Jio Platforms for Rs 11,367 cr to US PE giant KKR
• 5 years agoKKR is making the investment from its Asia private equity and growth technology funds.
Funding by General Atlantic, Facebook, others to position Jio as tech player not just telco: Analysts
• 5 years agoRecent investments by Facebook, General Atlantic, Vista and Silver Lake will re-position Jio as a major tech player rather than just a telecom service provider, analysts said on Monday
Jio is uniquely positioned to democratise data and digital services, says General Atlantic's Sandeep Naik
Ashwin Mohan • 5 years agoGeneral Atlantic announced an investment of Rs 6,598 crore to pick up a 1.34 percent stake in Jio Platforms, valuing the latter at Rs 4.91 lakh crores
Reliance Industries shares gain nearly 2% after company announces over Rs 6,500 deal with General Atlantic
• 5 years agoShares of Reliance Industries on Monday gained nearly 2 percent after the company announced the sale of 1.34 percent stake in its digital unit to global equity firm General Atlantic for Rs 6,598.38 crore
Reliance Jio's new pre-paid plans: Offers work-from-home top-ups, annual plans with cheaper, additional data
• 5 years agoReliance Jio has brought three new "work-from-home" top-up plans that are available at the denominations of Rs 151 (30 GB), Rs 201 (40 GB) and Rs 251 (50 GB), which supplement usage once the daily limit is exhausted, as per the company's website.
Jio Platforms strikes third unit stake deal; raises $8 billion in two weeks post-Facebook, Silver Lake, Vista investment
• 5 years agoUnlike traditional mobile carriers which depend on voice services to make money, Ambani has pitched Jio as a trailblazer tech company by offering cheap mobile data plans that helped hundreds of millions of Indians use the internet for the first time