Question

How many investors have picked up a strategic stake in Reliance Jio platforms?​

Answer 1

Answer:

Jio Platforms, a subsidiary of Reliance Industries (India's most valued firm) has raised about $20.2 billion in the past four months from 13 investors by selling about 33% stake in the firm. (For some context, the entire Indian startup ecosystem raised $14.5 billion last year.)

Answer 2

13 investors have picked up a strategic stake in Reliance Jio platforms.

At present, Mukesh Ambani is the chairman and managing director of Reliance Jio. And after the investment of the companies in the reliance Jio, now Mukesh is Asia’s richest and 7th richest person in the world.

     Investor                                               Stake (%)  

• Facebook                                                  9.90  
• Silver lake                                                 2.1
• VISTA                                                        2.30  

• General Atlantic                                        1.30  
• KKR                                                            2.30
• Mubadala                                                   1.85
• Abu Dhabi Investment Authority              1.16
• TPG                                                            0.93
• L. Catterton                                                0.39
• Public Investment Fund                            2.3
• Qualcomm                                                 0.15
• Google                                                        7.73
• Intel                                                            0.39

Now, everyone wants to invest in Jio reliance as it is largest company in India. Secondly, Jio has no stocks in the stock exchange so there is a high chance to get maximum profit. in present Jio has almost $58 billion market value.