Mukesh Ambani Highlights : Qualcomm Venture to invest ₹ 730 crore in Reliance Jio Platforms for 0.15% stake At equity value of ₹ 4.91 lakh crore and at an enterprise value of ₹ 5.16 lakh crore Total investment in Reliance Jio Platforms is ₹1,18,318.45 crore for 25.24% holding Q ualcomm Venture will invest ₹ 730 crore in Reliance Jio Platforms for 0.15% stake in the company. This is the 12th investment for Reliance Jio Platforms. At equity value of ₹ 4.91 lakh crore and at an enterprise value of ₹ 5.16 lakh crore. Total investment in Reliance Jio Platforms is ₹1,18,318.45 crore for 25.24% holding in less than two months. RIL said recently that funds raised by selling stake in Jio Platforms, along with a ₹ 53,124 crore rights issue, have made it a net debt free , much before its stated March 2021 deadline.
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