11 Deals For $15 Billion In 10 Weeks: Why India’s Jio Platforms Is On An Investment Spree

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Jio Platforms is on a tear. The telecoms and digital arm of the Indian conglomerate Reliance Industries Limited (RIL) has raised $15.2 billion in 11 deals over two months amid a worldwide pandemic.

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“RIL seems to have mastered [dealmaking] better than anyone else,” Sanchit Vir Gogia, CEO of digital advisory firm Greyhound Research, said in a note this month.“It’s hard to find a parallel to this anywhere else in the world.”

[Fortune]

P.S.: For more information on the recent investments, value that each investor brings to Jio Platforms, engagement with Microsoft, impact on Bharti Airtel, and the challenges the company can expect, read this research report by Greyhound Research.


Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Digital & Technology Research & Advisory firm. To read more about him, click here.

Have a question on this or other Digital & Technology topics? Click here to set up an enquiry call with Sanchit Vir Gogia.

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