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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…
Read More General Atlantic Invests $870M In Reliance’s Jio Platforms In Its Largest Asia Deal
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…
Silver Lake Partners on Monday invested ₹5,665 crore in Jio Platforms for a 1.15% stake. This was at a 12.5% premium to Facebook’s ₹43,574 crore ($5.7 billion) deal for a 9.99% announced on 22 April. So, what has made Jio Platform a…
Read More What Makes Jio Platforms Command a INR 5 Trillion Valuation
Queuing up at his local store for grocery worried Naman Jain. With coronavirus cases rising, it was too much of a risk for the resident of the Mumbai suburb of Thane. RIL’s ambitions for Jio are bigger and deeper, says…
Read More JioMart’s Jio Moment – Can The RIL Company Disrupt Indian Retail?
Customers of Airtel Thanks will now get free, unlimited access to ZEE5’s premium content library as part of their exclusive benefits, the companies announced. Airtel, like rival Reliance Jio, has been inching towards a bundled app ecosystem powered by content.…
Read More Airtel-ZEE5 Extend Partnership As Telcos Inch Towards Bundled App Ecosystem
Bharti Airtel (“Airtel”), one of India’s largest integrated telcos, has selected IBM and Red Hat to build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services.…
Read More Airtel Selects IBM And Red Hat To Build Open Hybrid Cloud Network
Bharti Airtel has selected IBM and Red Hat to build its new 5G-ready telco network cloud to support core operations, monetise the telco’s pan-India 4G network with the help of new services and be more competitive against main rival Reliance…
Read More Airtel Selects IBM And Red Hat To Build 5G-Ready Open Hybrid Cloud Network
IBM on Monday announced a major deal with Bharti Airtel to build a new open hybrid cloud network that will be more efficient and flexible than what exists now, will enable new digital services, and be ready for emerging technologies…
Reliance Jio has cut three equity deals with three major investors in three weeks. First came the $5.7 billion stake sale to Facebook, making it the largest minority shareholder in Jio, followed by another 1.15 percent dilution to Silver Lake…
Mukesh Ambani's Reliance Jio has been able to attract the third big investor - Vista Equity Partners - which is the world’s largest tech fund following its landmark deal with Facebook. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound research…
Read More 3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio
Billionaire Mukesh Ambani is a man on a mission: to dominate India’s consumer Internet market -- from online retail to digital payments. He just sealed three deals in as many weeks to raise a combined $8 billion, including from Facebook…
Read More Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man
Reliance Jio Platforms (Jio Platforms), a subsidiary of Reliance Industries (RIL), is selling 1.15 per cent stake to private equity (PE) firm Silver Lake for Rs 5,655.75 crore. The investment — the second in a fortnight - highlights its focus…
Read More Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr
American private equity giant Silver Lake Partners' investment in Reliance Jio comes in less than two weeks of the Facebook deal. Silver Lake has paid a 12.5 percent premium over Facebook. Its $750 million infusion in Jio Platforms takes the…
Read More PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO
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/1257152089869836290?s=20 https://twitter.com/s_v_g/status/1257153384357883904?s=20 https://twitter.com/s_v_g/status/1257154348028530688?s=20 https://twitter.com/s_v_g/status/1257155304917135360?s=20 https://twitter.com/s_v_g/status/1257156687523246080?s=20…
Read More Silver Lake Investment A Shot In The Arm For Jio Platforms
Facebook and Reliance Jio hit the headlines early Wednesday morning, in a break from the daily lockdown news. Mark Zuckerberg announced in a Facebook post that the technology giant will acquire a 9.99 per cent stake in Jio Platforms Ltd (JPL) through a fresh issue of shares worth…
Read More Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal
India’s small and medium businesses (SMBs), which are struggling due to the covid-19 pandemic, got a shot in the arm on Wednesday with social media giant Facebook announcing a $5.7-billion investment in Jio Platforms Ltd, which is owned by Reliance…
Read More Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses
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/1253173973757513728?s=20 https://twitter.com/s_v_g/status/1253176766610341888?s=20 https://twitter.com/s_v_g/status/1253178329315725312?s=20 https://twitter.com/s_v_g/status/1253179922752798720?s=20 https://twitter.com/s_v_g/status/1253181489564381184?s=20…
Read More Facebook Investment In Jio Is Deeper Than It Appears
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If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazon and Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other…
Read More Online festival sales: Second time around is twice as nice
If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazonand Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other sites like Snapdeal, Paytm and…
Read More Online festive sale: Second time around is twice as nice – Financial Express
If you missed buying your favourite mobile, apparel or furnishing item on popular e-commerce sites like Amazon and Flipkart in their recent Diwali sale between October 13 and 17, there’s no reason to despair. That’s because sale continues on other sites like Snapdeal, Paytm and…
Read More Online festive sale: Second time around is twice as nice
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
Read More Consumers win in Amazon vs Flipkart discount war – ET Brand Equity
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-retailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested heavily on bringing the…
Read More Consumers are winners in Amazon vs Flipkart discount war
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested heavily on bringing the…
Read More Consumers are winners in Amazon vs Flipkart discount war – Zee News
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
Read More Consumers are winners in Amazon vs Flipkart discount war
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
Read More Consumers are winners in Amazon vs Flipkart discount war – Business Standards India
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
With the onset of the festive season, it's raining discounts and even gold bars for customers of Flipkart and Amazon as both these e-tailers are trying to woo shoppers with best deals and grab market share. Both firms have invested…
Read More Consumers are winners in Amazon vs Flipkart war – Economic Times
