List of top investors in Reliance Jio 2020

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Reliance Jio has sold about 32.94% stake to various investors till March 2021 to get rid of the company's debt. Facebook is the largest investor who has bought 10% stake in Jio platform. Recently Google bought 7.73% participation in this company for $ 4.5 billion dollars. Let us know in this article which company has bought stake in Reliance Jio?

Mukesh Ambani

Reliance Industries Limited (RIL) was founded by Mukesh Ambani's father, Dhirubhai Ambani on 8 May 1973 in Maharashtra. Now Mukesh Ambani is that the Chairman and decision maker of Reliance Industries Limited.Mukesh is the richest man in Asia and the 7th richest man in the world.

Reliance Jio has sold its 32.94% stake by March 2021 to become a debt-free company. There was a time when the Jio company had a debt of Rs 2.17 lakh crore but now it has only Rs. There is a loan of 21,900 crores which will be repaid soon.

Reliance Jio, the telecom and digital arm of Reliance Industries Limited, has raised $ 20.2 billion with the help of 13 investors in just 2 months. It is reported that other global companies like Google can also invest in Jio.

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Reliance Jio Investment-2020

Analysts predict that Jio could become a company with a market value of $ 100 billion within just a few years. Currently its market value is 58 billion dollars.

Currently, Reliance Jio is not listed on any stock exchange; But its parent company (RIL) is listed in Mumbai and New York. Now let us know which companies have invested in Reliance Jio.

List of top investors in Reliance Jio Investigator

The Qualcomm company is the second most recent investor in Jio platforms. The 5G American giant has invested $ 97 million in Reliance Jio to acquire a 0.15% equity stake.

Qualcomm said in a statement that it would help Jio "to provide infrastructure and services for the development of advanced 5G networks for Indian customers."

So far, RIL's Jio platform has raised a total of Rs 1,52,056 crore from some of the world's leading tech investors. So far, a total of 13 investors have bought 32.94% stake in Reliance Jio. Recently Google bought 7.73% participation in this company for $ 4.5 billion dollars.

The main companies to invest in Reliance Jio are; Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, PIF, Abu Dhabi Investment Authority (ADIA), TPG, El Catterton, Qualcomm and Google.

So this was the list of global companies who have invested in Reliance Jio platform. If you want to read more articles like this, click on the link below;

List of 20 richest people in the world 2020

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