Moneycontrol
Get App
Last Updated : May 22, 2020 10:05 PM IST | Source: Moneycontrol.com

3-Point Analysis | KKR deal marks another big leap for Jio Platforms

Jio Platforms has attracted investments worth Rs 78,562 crore in the last one month from Facebook, Silver Lake, Vista and General Atlantic.


Reliance Industries (RIL) announced that the US-based private equity firm KKR will invest Rs 11,367 crore for 2.32 percent equity stake in its digital arm Jio Platforms, making it the fifth high-profile investment in a month.

Jio Platforms has attracted investments worth Rs 78,562 crore in the last one month from Facebook, Silver Lake, Vista and General Atlantic.

Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand what this deal means for both companies and why there is so much of interest in Jio Platforms.

Close

Read all KKR-Jio deal stories here

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.

First Published on May 22, 2020 09:06 pm
Sections
Follow us on