Jio Platforms Limited, a subsidiary of Reliance Industries Limited has received total subscription amounts worth Rs. 30,062.43 crore from four investors.
The company has received investments from Interstellar Platform Holdings Pte. Ltd. (L Catterton) – Rs. 1,894.50 crore; The Public Investment Fund – Rs. 11,367 crore; SLP Redwood Holdings Pte. Ltd. and SLP Redwood Co-Invest (DE), L.P. (Silver Lake) Rs. 10,202.55 crore; and General Atlantic Singapore JP and Rs. 6,598.38 crore.
Earlier this week, Jio Platforms had received a subscription amount of Rs. 43,574 crore from Jaadhu Holdings (a wholly owned subsidiary of Facebook). In toto, Reliance Jio has received a total subscription amount of Rs. 73,636.43 crore from five investors.