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| Name | Jio Platforms to raise ₹4,547 cr from TPG, 9th deal in 8 weeks |
| Video Uploader | Video From editorji |
| Upload Date | This Video Uploaded At 14-06-2020 04:59:51 |
| Video Discription | Reliance Industries Limited on Saturday announced that TPG will invest ₹4,546.8 crore for a 0.93% stake in Jio Platforms, marking a historic ninth deal in eight weeks and taking the combined fundraising in the Reliance Industries unit well past ₹1 lakh crore. The rush of deals in Jio Platforms, marks the largest uninterrupted fundraising by a company anywhere in the world. RIL has now sold a 21.99% stake in Jio and raised ₹1,02,432.15 crore from some of the world’s leading technology investors. All the deals were concluded amid a global lockdown. For more videos, subscribe to our channel: https://www.youtube.com/channel/UCyri-PL3l4Dn9IooWXQAqfA Check out the editorji website for more news: https://www.editorji.com/ To stay updated, download the editorji App: https://www.edtr.ai/01zb Follow editorji here: Facebook: https://www.facebook.com/editorjitech/ Twitter: https://twitter.com/editorji Instagram: https://www.instagram.com/editor_ji/?hl=en Telegram: https://t.me/editorjitechnologies -------------------------------------------------------------------------------------------- |
| Category | News & Politics |
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