Reliance Jio gets 5th deal, KKR invests Rs 11,367 crore for 2.32% stake
By
Biju Kumar
NEW DELHI: Reliance Industries said KKR will invest $1.5 billion in Jio Platforms, marking the fifth fundraising deal in a month by its digital unit and bringing the total amount of new investment to $10 billion.
Other recent investors in Jio Platforms, which houses movie, music apps and telecoms venture Jio Infocomm, include Facebook Inc, General Atlantic, Silverlake and Vista Equity Partners.