Jio Platforms has made significant investments across its digital ecosystem, powered by leading technologies spanning broadband connectivity
Limited (RIL) and Jio
Platforms Limited, on Sunday announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). This investment values Jio
Platforms at an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion. ADIA’s investment will translate into a 1.16% equity stakein Jio
Platforms on a fully diluted basis. With this investment, Jio Platforms has raised Rs 97,885.65 crore from leading globalinvestors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala and ADIA in less than seven weeks.
Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology platform focused on providing high-quality and affordable digital services across India, with more than 388 million subscribers. Jio Platforms has made significant investments across its digital ecosystem, powered by leading technologies spanning broadband connectivity, smart devices, cloud and edge computing, big data analytics, artificial intelligence, Internet of Things, augmented and mixed reality and blockchain.