Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, on Saturday announced an investment of Rs 1894.50 crore by L Catterton, one of the worlds largest consumer focused private equity firms.
Global alternative asset firm TPG and consumer focused private equity firms L Catterton on Saturday bought 0.93 per cent and 0.39 per cent stake in Jio Platforms, investing a total of Rs 6,441 crore.
Jio has recently collaborated with Amazon to provide users with Amazon Prime content.
Reliance Jio has partnered up with Amazon to offer free Prime membership to JioFiber customers. Here's how it works.
Jio-Facebook's platform approach can unlock India's digital ecosystem and address a large market that may potentially be USD 2 trillion (around Rs 151 lakh crore) by 2025, across commerce, payments and content, Bernstein said in a report.
Reliance Jio is now offering free Disney+ Hotstar VIP annual subscription on select prepaid plans. Here are all the details.
Reliance Industries Ltd and Jio Platforms Ltd announced on Friday that Silver Lake and its co-investors will invest an additional Rs 4,546.80 crore in Jio Platforms.
Mukesh Ambani's Reliance Jio has received an investment worth whooping Rs 87,655 crore in the last 6 weeks. The most recent of the lot came in face of Rs 9,093 crore invested by Abu Dhabi based Mubadala investment company. Mubadala's investment in Reliance Jio will translate into 1.85 per cent equity state.
With this investment, Mukesh Ambani's Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala, in less than six weeks.
Jio subscribers will soon get access to free Disney+ Hotstar VIP subscription for a year. Here's everything you need to know.
Reliance Jio recently introduced a validity for its Work From Home plans. Read on to know more
Jio Fiber has just announced the introduction of additional data benefits for its annual subscription plans due to the ongoing coronavirus lockdown.
Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, on Friday announced the sale of a 2.32 per cent stake in its digital unit to US private equity giant KKR for Rs 11,367 crore, the fifth deal in four weeks that will inject a combined Rs 78,562 crore in the oil-to-telecom conglomerate to help it pare debt.
Reliance Jio and Vodafone Idea have refreshed their portfolio by discontinuing certain plans and benefits. Here's everything you need to know.
The telecom unit of Reliance Industries Ltd (RIL) Reliance Jio has sold a 1.34 per cent to US-based private equity firm General Atlantic for Rs 6598.38 crore.
Reliance Jio has introduced yet another prepaid plan for users in India. Read on to know more
Reliance Jio has been introducing various benefits for users amid the Coronavirus lockdown in India
Reliance Jio has just announced new Work From Home annual plan at Rs 2,399 alongside add-on data packs at Rs 151, Rs 201 and Rs 251. Here's what you need to know.
Reliance Industries Limited on Friday informed the BSE Sensex that Vista Equity Partners will invest ₹ 11,367 crore into Jio Platforms. With this Jio Platforms has now raised ₹ 60,596.37 crore from leading technology investors in less than three weeks.
An increase in digital payments in India during the Coronavirus lockdown will benefit 4G/mobile penetration
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