How many investors have picked up a strategic stake in Reliance Jio platforms?
Answers
Answer:
The investment from Google is part of its commitment to invest $10 billion in India over next five to seven years. Reliance Industries said Google's investment is not just a financial but a strategic investment by the Internet giant. Now, Jio has now four strategic partners Facebook, Intel, Qualcomm and Google.
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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 the 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.