Reliance Jio, General Atlantic to invest ₹ 6,598.38 crore in Jio Platforms |
HIGHLIGHTS :
- General Atlantic to invest ₹ 6,598.38 crore
- Equity value of ₹ 4.91 Lakh crore
- Enterprise value of ₹ 5.16 Lakh crore
- Translate into 1.34 % equity stake in Jio Platforms
General Atlantic is going to invest ₹ 6598.38 crore in Jio Platforms, at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore. It will translate into 1.34 % equity stake in the Jio platforms.
This is going to be 4th huge investment for Jio platforms. Earlier Facebook, Silver Lake and Vista Equity Partners had invested in the Reliance Jio Platforms.
- Facebook invested ₹ 43,574 crore for 9.99% stake.
- Silver Lake invested ₹ 5,655 crore for 1.15 % stake.
- Vista invested ₹ 11,300 crore for 2.32 % stake.
- General Atlantic invested ₹ 6,598 crore for 1.34 % stake.
About General Atlantic :
- General Atlantic is an American Private Equity firm.
- It provides Capital and Strategic support for growth companies.
- General Atlantic was founded by Charles F. Feeney, co founder of Duty Free Shoppers Ltd in 1980.
- General Atlantic invest in 4 Global Sectors :
- Consumer
- Financial Services
- Health Care
- Technology
General Atlantic
Website : www.generalatlantic.com
- Facebook invested ₹ 43,574 crore for 9.99% stake.
- Silver Lake invested ₹ 5,655 crore for 1.15 % stake.
- Vista invested ₹ 11,300 crore for 2.32 % stake.
- General Atlantic invested ₹ 6,598 crore for 1.34 % stake.
About General Atlantic :
- General Atlantic is an American Private Equity firm.
- It provides Capital and Strategic support for growth companies.
- General Atlantic was founded by Charles F. Feeney, co founder of Duty Free Shoppers Ltd in 1980.
- General Atlantic invest in 4 Global Sectors :
- Consumer
- Financial Services
- Health Care
- Technology
General Atlantic |
Website : www.generalatlantic.com
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