Regulators must ensure a level playing field for all e-commerce players. This will benefit the consumer and turbo charge the MSME sector, and the Digital India and Make In India components of the government’s vision
First, Facebook, then Vista and Silver Lake, and now General Atlantic. Jio continues to be a big draw for technology investors. The zero-debt goal for RIL has just got more fuel.
Jio Platforms has now raised a massive Rs 60,596 crore from leading technology investors in less than three weeks
The Indian retail space is ripe for disruption and there has never been a better time to be a part of India’s digital revolution for the kirana store.
The partnering of these two powerful platforms will not only give rise to richer consumer experiences, but also open up access to the Digital Indian dream for 400 million consumers.
It’s going to be a buyer’s market, and the deal terms will reflect this dynamics
The Jio-Facebook alliance should trigger healthy rivalry and transform digital economy, benefitting all stakeholders
Launched in January, the web-only arm of Reliance Retail allows consumers to purchase from among 50,000 products including groceries and other essential items along with private labels owned by Reliance Retail.
The alliance offers an opportunity for the emergence of a new class of fintech companies to replicate the success of consumer durables financing schemes in micro and hyper-local shopping.
Launched in January, the web-only arm of Reliance Retail allows consumers to purchase from among 50,000 products including groceries and other essential items.
Millions of kirana stores are likely to become part of JioMart and reap benefits of scale and convenience for their customers. This will set an example of how, with clean practices, both physical and digital retail can co-exist and flourish.
This partnership has the potential to deliver significant results for India across multiple domains. Vision and ambition aside, both the companies need to realise each other’s strengths and core competencies to deliver on their promise.
Facebook acquired a 9.9 percent stake in Reliance Jio for $5.7 billion (Rs 43,574 crore), a deal that was announced on April 22.
The deal is a win-win for both companies. The investment values Jio among the top five listed companies in India by market capitalisation.
Our back-of-the-envelope calculations suggest net debt can decrease by 80 percent if the inflows from the deals with Facebook, Aramco and BP are used to deleverage.
The $5.7-billion investment will have a ripple effect through India’s startup and consumer internet ecosystem, say insiders.
The gargantuan all-cash investment of Rs 43,500 crore is a vindication of Mukesh Ambani’s big bet on Jio not as a telecom company but as a tech and platform player.
Ambani’s belief, and the ambition to transform the lives of 1.3 billion Indians got a big validation today
Our back-of- the- envelope calculations suggest that net debt can decrease by 80 percent if the inflows from the deals with Facebook, Aramco and BP are used to deleverage.
The deal is unparalleled in the way it will add to consumer's choices
A look at some key takeaways from the big deal.
Since last year, Mukesh Ambani has been exploring options to take Jio public.
Anand Mahindra, who is quite active on the micro-blogging site Twitter, took to his official handle to congratulate Ambani on his latest business move.
Facebook deal is a part of deleveraging balance sheet by Reliance Industries and RIL wants to sell stake in key segments to reduce the debt burden, experts feel.