Moneycontrol
Last Updated : Jun 05, 2020 06:03 PM IST | Source: Moneycontrol.com

Business Insight | All you need to know about Mubadala, Jio's latest investor

Mubadala will pump in Rs 9,093 crore for a 1.85 percent stake.

Reliance Jio's fundraising spree continues with Abu Dhabi-based sovereign investor Mubadala Investment Company  becoming the sixth investor to invest in Jio Platforms.

Mubadala will pump in Rs 9,093 crore for a 1.85 percent stake.

Reliance Industries Ltd, which owns Jio Platforms, successfully closed its rights issue of Rs 53,125 crore earlier this week.

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Watch this episode of Business Insight to know about Jio's latest investor.

(Disclaimer: Reliance Industries Ltd., which also owns Jio, is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd)
First Published on Jun 5, 2020 05:59 pm
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