Vijay Shekhar Sharma Archives

Reliance’s Jio Platforms In Talks With General Atlantic, Other Foreign Funds For Stake Sale

by connect@thofgr.comMay 12, 2020May 21, 2020Leave a comment

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…

3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio

by connect@thofgr.comMay 12, 2020May 21, 2020Leave a comment

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…

Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man

by connect@thofgr.comMay 11, 2020May 21, 2020Leave a comment

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…

Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr

by connect@thofgr.comMay 5, 2020May 21, 2020Leave a comment

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…

PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO

by connect@thofgr.comMay 5, 2020May 21, 2020Leave a comment

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…

Silver Lake Investment A Shot In The Arm For Jio Platforms

by connect@thofgr.comMay 4, 2020May 4, 2020Leave a comment

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…

Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal

by connect@thofgr.comApril 24, 2020Leave a comment

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…

Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses

by connect@thofgr.comApril 24, 2020April 24, 2020Leave a comment

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…

Facebook Investment In Jio Is Deeper Than It Appears

by connect@thofgr.comApril 23, 2020April 23, 2020Leave a comment

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…