Reliance Industries, India’s largest company in terms of market capitalization, on Friday, said Intel Capital has invested USD 253.6 million in its digital arm Jio Platforms for a stake of 0.39%. This essentially means the investment arm of the American…
On July 03, 2020, Reliance Industries Limited (RIL) announced Intel Capital's decision to invest INR 1,894.50 Crore for 0.39% equity stake in Jio Platforms, a wholly-owned subsidiary of RIL. Intel Capital has invested at an Equity Value of Rs 4.91…
Updated on July 03, 2020 The last 2+ months have been a rather busy one for Reliance Industries Limited (RIL). The company has announced twelve big investment deals - from Facebook, Silver Lake Partners, Vista Equity Partners, General Atlantic, KKR…
Twitter Chronicles is an effort by Greyhound Research to share with its readers and subscribers a collection of the most relevant tweets on a given topic. This post will include both the tweets sent out by our analysts and responses we…
The partnership between Reliance Jio Infocomm Limited and Facebook as well as the reported interest of Google in Vodafone-Idea and Amazon starting early investment talks with Bharti Airtel (although both telecom companies denied the reports), are developments poised to blur…
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. “RIL seems to have mastered [dealmaking] better than…
With everyone clamoring to own a piece of Jio Platforms Ltd., owner of India's largest mobile operator, Jio's parent company may be eyeing an overseas listing. In the next one-to-two years leading up to the IPO, Jio will significantly ramp…
India’s top telecom companies—Jio Platforms, Bharti Airtel, Vodafone Idea and the state-run BSNL—are in the midst of a phase they have not seen in years. A series of investments flowing into the leading player Reliance Industries Limited’s (RIL) Jio Platforms…
Reliance Industries Limited has played many a masterstroke in the past 2 months. The company has managed to attract 10 strategic investments (from a total of 9 investors) and has raised US 14 Bn by divesting 22.38% in Jio Platforms.…
Jio Platforms has raised a whopping USD 13.7 billion from global investors in less than eight weeks, a feat probably no other seven-month-old company has ever achieved anywhere in the world. Experts believe that it is Jio Platforms’ ability…
Jio Platforms has only been around in its current form since November, yet the digital arm of oil-to-retail giant Reliance Industries – whose chairman Mukesh Ambani is India’s richest man – has attracted almost US$13.5 billion in investment in the past eight weeks…
A lot has been written about Jio Platforms and how RIL has created history by attracting investments worth INR 1 Trillion in less than 2 months. While RIL has been hugely successful so far with Jio, a large part of…
India's wealthiest man, Mukesh Ambani, may be successful in listing his four-year-old tech commerce-telecom venture, Jio in foreign exchanges, all thanks to $12.5 billion (Rs 92,202 crore) funding raised in just over one and a half months. “The second…
India’s richest man Mukesh Ambani may soon be successful in listing his four-year-old telecom venture Jio in foreign exchanges thanks to the $12.5 billion (Rs 92,202 crore) funding the company has raised in a little over one and a half…
In the past five weeks, amid global economic turmoil, some of the world's largest investors have poured a combined $10 billion into Jio Platforms, an Indian tech company poorly understood outside the country. But why — and why now? Sanchit…
TOKYO -- India's struggle against the coronavirus pandemic has not stopped a dealmaking whirlwind at Reliance Industries. As the country has slowed down, its biggest corporation by sales and market capitalization has only seemed to speed up. Since Facebook said…
Deal-making is both an art and a science, and Reliance Industries Limited (RIL) seems to have mastered it better than anyone else. In 7 weeks, RIL has closed 8 deals from 7 marquee global investors. It's hard to find a…
Google has been reportedly in talks with Vodafone Idea for buying a 5 per cent stake in the second largest telecom operator in India. However, Vodafone Idea on Friday clarified with the Bombay Stock Exchange that it is evaluating various…
Smelling opportunity in crisis is, perhaps, an important virtue of the greats and Mukesh Ambani’s fast-growing Jio Platforms is beginning to stand testimony to the same. After attracting investments worth $10 billion (Rs 78,562 crore) in just over a month,…
A potential investment in Vodafone Idea by global technology giant Google will further heat up the race to create the next big connected digital ecosystem in India, analysts feel. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} /* Add your own Mailchimp form…
On May 28, 2020, Financial Times reported that Google is exploring a stake in Vodafone Idea Limited (VIL) to further its India presence. This news comes close on heels to the recent spate of investments in Jio Platforms, a wholly-owned…
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Jio Mart, Reliance Retail’s answer to Amazon and Grofers, went national Saturday. Given that its success, if it happens, will also depend on sister concern Jio Platforms’ 380 million and growing subscriber base, there are concerns around how privacy and…
Less than a month after starting a WhatsApp Ordering Service in Navi Mumbai, Reliance has rolled out JioMart widely. The ecommece platform, which Reliance calls a "single virtual store", will deliver products in 200 towns and cities in India, including…
Mukesh Ambani’s Reliance Jio platform saw a lot of cash inflow into the company. Unlike its competitors, the telecom giant saw a surge of investors. It is venturing into own operating systems, music, OTT and digital payments. After Facebook‘s $5.7…
Taking cues from many tech giants, Facebook is now trying to get small businesses to sell directly from its platform. The feature, called Shops, will be rolling out to both Facebook and Instagram and allows pretty much anyone to set…
For the past few weeks, speculations are rife in trading circles regarding a mega-investment deal between Microsoft and Reliance Jio. Observers of the stock market foresee a considerable investment by Microsoft in the telecom giant. Before buying stakes in a…
Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1262784059203129344?s=20 https://twitter.com/s_v_g/status/1262784535944548352?s=20 https://twitter.com/s_v_g/status/1262785258832814081?s=20 https://twitter.com/s_v_g/status/1262785935160127488?s=20 https://twitter.com/s_v_g/status/1262787826384420865?s=20…
US private equity giant General Atlantic has invested $870 million (approximately Rs 6,598 crore) in Reliance's Jio Platforms in its largest deal in Asia so far. The investment gives General Atlantic a 1.34 percent stake in Jio Platforms on a…
Four days after Reliance Jio struck a deal with Silver Laker Partners, it has earned fresh investments from another US-based tech-focused private equity fund. Vista Equity Partners has acquired 2.32 percent stake in Jio Platforms for an estimated $1.5 billion…
