Yes, the beeline to take a stake in Jio Platforms is increasing by the day. It is now reported that Microsoft is likely to invest $2 billion into Jio Platforms for a stake off a little over 2.5%. The Abu Dhabi Sovereign Fund is also expected to infuse $1billion into Jio Platforms. Jio platforms already has a tie up with Microsoft to use its Azure cloud platform on the Jio networks. While the latest 2 deals are not yet confirmed, Jio Platforms has already received over $10 billion for a 17% stake from marquee names like Facebook, Silver Lakes, Vista Equity, General Atlantic Partners and Kohlberg Kravis Roberts (KKR). Recently, it was also reported that Google may take a stake in Vodafone Idea. Earlier, Google had also been in talks with Jio Platforms but the talks had not worked out, after which Facebook came in.
Yes, the beeline to take a stake in Jio Platforms is increasing by the day. It is now reported that Microsoft is likely to invest $2 billion into Jio Platforms for a stake off a little over 2.5%. The Abu Dhabi Sovereign Fund is also expected to infuse $1billion into Jio Platforms. Jio platforms already has a tie up with Microsoft to use its Azure cloud platform on the Jio networks. While the latest 2 deals are not yet confirmed, Jio Platforms has already received over $10 billion for a 17% stake from marquee names like Facebook, Silver Lakes, Vista Equity, General Atlantic Partners and Kohlberg Kravis Roberts (KKR). Recently, it was also reported that Google may take a stake in Vodafone Idea. Earlier, Google had also been in talks with Jio Platforms but the talks had not worked out, after which Facebook came in.