Mukesh Ambani’s Reliance Jio has raised a total of ₹ 104,326 crore (USD13,735 billion) from 10 leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton since April 22, 2020.
The latest investment in Jio is by L Catterton, one of the world’s largest consumer focused private equity firms. L Catterton’s investment will translate into a 0.39% equity stake in Jio Platforms.
Facebook is the largest investor with a total investment of ₹43,574 crores (USD$5.67 billion) for a 9.9 percent stake in the company, making Facebook the largest minority shareholder in Jio to date.
Mukesh Ambani, Chairman and MD, Reliance Industries
I particularly look forward to gaining from L Catterton’s invaluable experience in creating consumer-centric businesses because technology and consumer experience need to work together to propel India to achieving digital leadership.
Michael Chu, Global Co-CEO, L Catterton
We look forward to partnering with Jio, which is uniquely positioned to execute on its vision and mission to transform the country and build a digital society for 1.3 billion Indians through its unmatched digital and technological capabilities.
