TPG Capital investment in JIO platforms Ltd |
Reliance & JIO Platforms Ltd announced today that global alternative asset
firm TPG will invest ₹ 4,546.80 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an
enterprise value of ₹ 5.16 lakh crore.
The investment will translate into a 0.93% equity stake in Jio
Platforms for TPG. Now after this investment, Jio Platforms has raised ₹ 102,432.45
crore from global investors including Facebook, Silver Lake, Vista Equity Partners,
General Atlantic, KKR, Mubadala, ADIA, and TPG since April 22, 2020.