Reliance Jio-General Atlantic deal: Six things you should know

Reliance Jio is on a ‘partnership spree’ of some sort these days. After getting investments from Facebook, Silver Lake Partners and Vista Equity Partners, the Indian telecom firm has entered into its fourth agreement with General Atlantic. Once again, the money involved is huge and Jio is giving a part of equity stake to the US firm in return. So, what’s exactly at stake and what are the details of the Reliance Jio-General Atlantic deal? Here are some easy pointers to update you.

-General Atlantic is a US-based equity firm that will be investing ₹6,598.38 crore in Reliance Industries Limited’s (RIL) Jio platforms.