Global alternative assets firm TPG has agreed to invest ₹4,546.80 crore in Jio Platforms Limited for a 0.93% equity stake in the company at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore.
L Catterton, one of the world’s largest consumer focused private equity firms has agreed to invest ₹1,894.50 crore in Mukesh Ambani-led Jio Platforms Limited to buy 0.39% equity stake. With these investments, Jio Platforms has raised ₹1,04,326.95 crore from leading global investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, and ADIA since April 22, 2020.
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.