In the midst of pandemic, lockdown, and financial teardown, India's richest man, Mukesh Ambani owned Jio Platforms, a subsidiary of Reliance Industries becomes top tech company to invest. After the announcement of Facebook's investment in Jio in end of April '20, six American PE investors (SilverLake, Vista, General Atlantic, KKR, TPG and L Catterton), and three companies of Saudi Arabia and UAE would invest in Jio Platforms til middle of June '20.
Around a week back, on June 24th, Competition Commission of India (CCI) has approved Facebook’s proposed investment in Jio Platforms via its newly formed subsidiary Jaadhu Holdings LLC.
