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Showing posts with label KKR invests in Jio. Show all posts
Showing posts with label KKR invests in Jio. Show all posts

Sunday, May 24, 2020

Jio in a Fundraising Mode, Gets investment 4th & 5th ones from GA & KKR

Mukesh Ambani is unstoppable to bring one after another investment for his dream project, Jio to 'further propel Jio's vision of enabling a digital society for India'. In a month Jio Platforms fetched a hopping total of 78,562 crore rupees of investment from different American companies including social giant Facebook. 

Investment from Facebook, SilverLake and Vista Equity has already been published on my earlier post. Recent investments in Jio would be coming from General Atlantic Partners and KKR  Co. Both companies are headquartered in New York.

General Atlantic is one of the early investor in Uber and Airbnb. Definitely they are looking towards change in India's digital ecosystem.