Reliance Jio has announced that TPG, a global alternative asset firm, will invest Rs. 4546.80 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. TPG’s investment will translate into a 0.93% equity stake in Jio Platforms on a fully diluted basis. Jio … Continue reading "Jio Platforms to raise Rs. 4546.80 Crore from TPG, Rs. 1894.50 Crore from L Catterton"
Source: Fone Arena
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