Now, Microsoft looks to grab a $2 billion stake in RIL’s Jio Platforms

Microsoft Corp. is negotiating an investment of as much as $2 billion in billionaire Mukesh Ambani’s Jio Platforms Ltd, the digital unit of India’s most valuable company, said two people aware of the discussions.

“Microsoft has been in discussions with several players in the digital payments services space. With Reliance, Microsoft is interested in buying more than a 2.5% stake in Jio Platforms,” one of the two people cited above said, seeking anonymity.

If the negotiations are successful, the world’s most valuable company will get a slice of Jio Platforms that has already attracted investments worth $10 billion in just a month from marquee investors, including Facebook Inc., KKR & Co., Silver Lake, Vista Equity Partners and General Atlantic.