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Ever since the Facebook-Jio Platforms deal has been revealed, the later is witnessing an unending flow of foreign direct investments from various entities. The latest one being the Rs.33,737 crores investments by Alphabet Inc. aka Google. It is equivalent to 7.7% stake. This fresh inflow moved the investments tally up to Rs.1,52,056 crores. (approximately), which is 32.94% of the total stake. This implies that the brand value of Jio Platforms is now at Rs.4,61,613.42 crores.

Before Google, it was Qualcomm Ventures who acquired a 0.15% stake for Rs.730 crores in Jio Platforms. Apart from these companies, one of the global tech giants, Intel has also invested in Indian telco giant.

Reliance JIO

Not only the technology companies, Jio Platforms has also seen fund inflows from various global equity firms. They include Silver Lake, TPG, KKR, General Atlantic, Vista Capital and L Catterton and wealth funds such as Mubadala and Abu Dhabi Investment Authority (ADIA) (these two are Abu Dhabi based entities) along with Saudi Arabia’s Public Investment Fund (PIF).

At present, nearly 67.06% stake is still unsold. So, one can  expect a further inflow of foreign funds into Jio Platforms. The investments made by various foreign entities (till to date) are depicted in the following table:

Investor Investment Amount (Rs. In Cr.) % Stake
Facebook Inc. 43,573.62 9.99%
Silver Lake Partners 5,655.75 1.15%
Vista Equity Partners 11,367.00 2.32%
General Atlantic 6,598.38 1.34%
KKR 11,367.00 2.32%
Mubadala 9,093.60 1.85%
Silver Lake Partners (Additional) 4,546.80 0.93%
Abu Dhabi Investment Authority 5,683.50 1.16%
TPG 4,546.80 0.93%
L Catterton 1,894.50 0.39%
PIF 11,367.00 2.32%
Intel Capital 1,894.50 0.39%
Qualcomm Ventures 730.00 0.15%
Alphabet Inc. 33,737.00 7.70%
Total 1,52,055.45 32.94%

The above article is a compilation from various information resources available on the internet

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