Raising $15 billion through 11 deals over three-months in a normal environment is impressive for any company. But, doing it during a global pandemic when stock markets are fluctuating, confidence in investing is low and the effects of said pandemic on an emerging market country like India are not yet fully known, is unprecedented and quite a testament to the potential of both the company, and the market as a whole.
By clicking Subscribe, you agree to our Privacy Policy.
“Deal making is both an art and a science, and Reliance Industries seems to have mastered it better than anyone else…it’s hard to find a parallel to this anywhere else in the world,” Sanchit Vir Gogia, CEO of digital advisory company Greyhound Research, said in an analyst note.
Gogia predicted Jio Platforms, with Facebook’s help, will now look to leverage technology and capitalise on other assets within the Reliance Industries moniker and offer “omni-channel retail”, across a number of areas, including pharmaceuticals, electronics, fashion and lifestyle.
“This is not a digital opportunity alone. This is a hybrid opportunity, where Reliance Industries will marry its prowess in both domains,” he said.
Mobile World Live
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.
Copyright Policy. All content contained on the Greyhound Research website is protected by copyright law and may not be reproduced, distributed, transmitted, displayed, published, or broadcast without the prior written permission of Greyhound Research, or, in the case of third-party materials, the prior written permission of the copyright owner of that content. You may not alter, delete, obscure, or conceal any trademark, copyright, or other notice appearing in any Greyhound Research content. We request our readers to not copy Greyhound Research content and not republish or redistribute them (in whole or partially) via emails or republishing them in any media, including websites, newsletters, or intranets. We understand that you may want to share this content with others, so we’ve added all relevant links and tools under each content piece that allow you to share the content. If you have any questions, please contact our Community Relations Team at connect@greyhoundg.com.
By clicking Subscribe, you agree to our Privacy Policy.