General Atlantic to Invest Rs. 6,598.38 Crore in Jio Platforms

Reliance Jio today announced that General Atlantic, a leading global growth equity firm will invest Rs. 6,598.38 crore in Jio Platforms. This investment values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. General Atlantic’s investment will translate into a 1.34% equity stake in Jio Platforms on a fully diluted basis. Continue reading “General Atlantic to Invest Rs. 6,598.38 Crore in Jio Platforms”