Reliance Industries has received investment from half a dozen global firms including Silver Lake, KKR, General Atlantic, Mubadala. On September 9, Silver Lake announced an investment of Rs 7,500 for 1.75 per cent equity stake.
Who invested in reliance?
Reliance Industries Ltd’s (RIL) wholly-owned subsidiary Reliance New Energy Solar Ltd (RNESL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, US.
Who invested in Jio in 2020?
American PE firm KKR acquired a 2.32% stake in Jio Platforms for ₹113.67 billion (US$1.6 billion). In June 2020, Emirati sovereign fund Mubadala confirmed that it would acquire a 1.85% stake in the company for ₹90.936 billion (US$1.3 billion).
Did Amazon invest in Reliance?
Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter.
Who is the CEO of Reliance company?
How many companies Mukesh Ambani have?
Mukesh Ambani got Reliance Industries and IPCL. Younger brother Anil Ambani received telecom, power, entertainment, and financial services business of the group. The Anil Dhirubhai Ambani Group includes Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Natural Resources and Reliance Power.
Why did Jio get invested?
Social distancing has meant increased usage of technology and digital solutions, which is driving investors towards tech companies. RIL has tapped into this heightened interest for technology investments by positioning Jio as a digital platform company.
Did Google buy Jio?
Alphabet Inc’s Google has paid ₹33,737 crore to Reliance Industries Ltd’s (RIL) digital subsidiary, Jio Platforms Ltd, joining the list of global investors such as Facebook to have infused capital in the Mukesh Ambani-led company. With this transaction, Google now holds 7.73% stake in Jio Platforms.
What did Google just put 4 billion into?
Google in talks to invest $4 billion in Reliance’s digital arm, Bloomberg reports. BENGALURU (Reuters) – Alphabet Inc’s Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.
Did Amazon invest in Jio?
A deal with Amazon would give further credence to Ambani’s ambitions to create an e-commerce giant for India akin to China’s Alibaba Group Holding Ltd. … The investment in Ambani’s retail ventures comes after he raised $20 billion selling stakes in his technology venture — Jio Platforms Ltd.
What is Reliance and Amazon deal?
India’s Supreme Court rules in favor of Amazon to stall $3.4B Future and Reliance deal. … The Indian Supreme Court said the order by a Singapore arbitration court last year — which had ruled to stall the deal between the two Indian giants — is enforceable and legally binding in India.
Is Reliance India’s Amazon?
A tussle over an Indian grocery company has pitted the world’s largest e-commerce business Amazon against India’s largest company Reliance. The companies are at odds because they both made separate deals with the same Indian retailer – Future Group.