Jio Platforms receive over Rs 30K cr from 4 investors - Bhaskar Live

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Saturday, July 11, 2020

Jio Platforms receive over Rs 30K cr from 4 investors

Reliance Industries on Saturday said that Jio Platforms received subscription amounts of Rs 30,062.43 crore from four investors for 6.13 per cent stake in total.
Among the four investors, Interstellar Platform Holdings (L Catterton) has invested Rs 1,894.50 crore for 0.39 per cent, ThePublic Investment Fund has put in Rs 11,367.00 crore for 2.32 per cent.
SLP Redwood Holdings and SLP Redwood Co-Invest (DE), L.P. (Silver Lake) have invested Rs 10,202.55 for 2.08 per cent and General Atlantic Singapore JP Pte Ltd has put in Rs 6,598.38 crore picking up 1.34 per cent in Jio Platforms.
“We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, received the subscription amounts from the following investors and allotted equity shares to them,” RIL said in a regulatory filing.

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