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Wireless

Vista to acquire 2.32% stake in India's Jio Platforms for nearly INR 114 bln

Monday 11 May 2020 | 13:17 CET | News
Reliance Industries and Jio Platforms have announced that Vista Equity Partners will invest INR 113.67 billion into Jio Platforms. This investment values Jio Platforms at an equity value of INR 4.91 trillion and an enterprise value of INR 5.16 trillion. Vista's investment will translate into a 2.32 percent equity stake in Jio Platforms on a fully diluted basis, making Vista the largest investor in Jio Platforms behind Reliance Industries and Facebook.

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Categories: Mobile & Wireless
Companies: Reliance Industries / Reliance Jio
Countries: India
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