Mubadala to invest $1.2b in India's Jio Platforms
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
It will become the sixth external investor in the company, Reliance said in a statement. Others include KKR, General Atlantic, Silver Lake Partners, Vista Equity Partners and Facebook. In total, Jio Platforms...
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